• Home > Features > Cost Of Living Now At K10,700 – JCTR!!

Cost Of Living Now At K10,700 – JCTR!!

BY Gee-Q 36 Views
Cost Of Living Now At K10,700 – JCTR!!

Cost Of Living Now At K10,700 In May – JCTR!!

The Jesuit Centre For Theological Reflection (JCTR) has observed an increase in the cost of the Basic Needs and Nutrition Basket (BNNB) to K10,701.12 representing  a K352.87 increase in the total basket as compared to the month of April.

According to JCTR, the raise in the total basket was due to the observed  increase in the price of charcoal which stood at K458.33 from K343.33 for a 90Kg bag and tomatoes which increased to K29.99 per Kg from K16.35 per Kg. Climate Change has been the leading driver of the raising cost of living as prices escalate duo to the challenges it has imposed on the food supply chain during the May survey.

The Centre also observed the ban of charcoal production in three Districts – Shibuyunji, Itezhi-tezhi and mumbwa – announced in April to have also been a significant change in the basket. Other causes observed by JCTR include the raise in the fuel pump price which hinders the transportation cost and the extended hours of load shedding which has led to the high demand for charcoal in households.

 

About The Author
recommended content right-arrow-1

Be the first to comment

Leave a Reply

Your email address will not be published.