The price of mealie-meal has dropped in Zimbabwe

Published 2024년 4월 4일

Tridge summary

The Consumer Council of Zimbabwe (CCZ) has observed a slight reduction in the price of mealie-meal, a key staple food, with the average cost for a 10kg bag now at US$6.15, down from a high of US$7. This price drop is attributed to improved availability in retail markets following previous drought-induced shortages. Prices, however, still vary across different retailers and markets. Despite this positive trend, the USAID’s Early Warning Systems Network (FewsNet) cautions about a potential rise in the cost of living in the near future, measured in both Zimdollar and United States dollar terms.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Price of mealie-meal has dropped, says CCZ –Newsday Zimbabwe The Consumer Council of Zimbabwe (CCZ) says there has been a slight drop in the price of mealie-meal, with the commodity now readily available on the retail market. Prices of mealie-meal shot through the roof in the past few weeks as retailers and suppliers sought to capitalise on the drought-induced shortages in the country. In a statement issued Tuesday, CCZ executive director Rosemary Chikarakara said prices in most retail outlets are averaging US$6.15 for a 10kg bag of roller meal, down from last week’s peak price of US$7. “Meal mealie is readily available on the market, both formal and informal markets. In major retail shops such as OK Zimbabwe, a 10kg bag of roller meal is going for US6,15 while Pick n Pay is selling it for an average price of ZWL163,700 00 a major drop from last month’s price of ZWL193, 000 00 showing a great improvement in volumes of supply and also a reduction in the price of ...

Source: Zimbabwesituation