JANUARY 2022 BNNB

RISING COST OF LIVING UNDERSCORES THE NEED FOR ROBUST SOLUTIONS IF THE NATION IS TO SEE ITS DEVELOPMENT AGENDA DELIVER FOR EACH ZAMBIAN

The cost of living as measured by the Jesuit Centre for Theological Reflection (JCTR) Basic Needs and Nutrition Basket for Lusaka stood at K9, 049.25 for the month of January 2022, a K689.45 increase in comparison to the December, 2021 basket that stood at K8, 359.80. This signifies an 8.24percent increase in the cost of living between December 2021 and January 2022. The upward movement in the basket is attributed to increased prices in selected items. The non-food but essential items section in particular moved from K5, 240.04 to K5, 627.50, a K387.46 increase. This was on account of an increase in the estimated cost of a three bedroom house in a medium density area from K3, 490 to K3, 820. Total food cost also increased though by a smaller margin to K3, 421.79 from K3, 118.17, a K303.62 increase. Specifically, a K21.71 increase in the price of two 25Kg bags of mealie meal (Roller) from K198.57 to K220.14 was noted. 3.6 litres of cooking oil moved from K153.05 to K166.63, a K17.67 increase. Additionally, 3 trays of eggs recorded a price increase of K13.58 from K159.00 to K176.57 and 16Kg of other fruits also moved up from K159.94 to K200.28, a K40.34 increment. Price decreases were however recorded in some items such as 1Kg pounded groundnuts which reduced by K3.86 from K34.30 to K30.44. 6 Kg of cassava flour also moved from K108.79 to K156.59, a K47.8 decrease. READ MORE....

JCTR January 2022 BNNB
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