Zambia inflation drives up cost of living

The cost of living for a family of five living in Lusaka skyrocketed from below K7,500 in December 2020 to over K8,300 in January 2021, according to the Jesuit Centre for Theological Reflections (JCTR).  
This has been attributed to the increase in the inflation rate for the same month, which rose to 21.5% from 19.2% in December 2020.
JCTR Social and Economic Development programme manager Chama Mundia said: “The rise in the basket is attributed to increase in the prices of both food and the non-food but essential items.”
According to the statement, basic food items including “kapenta increased by K85.82 from K268.67 to K354.49 for 1kg, potatoes moved from K50.55 to K106.36 an increase of K56.01 for 4kg, the price of 40kg of vegetables increased by K55.44 from K506.37 to K561.81” among others.
Mrs. Mundia said the increase in the prices was as a result of the various challenges that the country continued to face including the fish ban which added pressure to the price of Kapenta.
The Centre anticipates “that this will continue as the fish ban is only scheduled to end in May 2021.”

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