Prices Have Stabilised This Festive Season - CZR

The Confederations of Zimbabwe Retailer president has said prices have stabilised this festive season, The Herald reports.

Mr Denford Mutashu was speaking to the publication when he said:

We have improved the supply of basic commodities and most shops are fully stocked. Many players have taken what is on the market to stock their shops so that they do not run out of stock, which has resulted in the stabilisation of prices in most supermarkets.

We have also noticed that the customers are out and about buying their goods focusing on basic commodities, though they are buying some stuff which is not basic. Clothing retailers have also stabilised their prices and we hope that the price stabilisation will continue into the New Year.

We are also trying to engage uniform retailers to stabilise their prices as we enter the Back-to-School time. We are happy to have noted the same (price stabilisation) is being done in other cities like Bulawayo, Masvingo, Gweru and Mutare, among others. We encourage our retailers to continue stabilising the prices so that the consumers can do their shopping at ease.

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Prices of most commodities have been going up on a regular basis this year, however, statistics released showed that month on month inflation for November significantly decreased. 

More: The Herald