According to data released by ZIMSTAT, the cost of living went up in March 2022 compared to where it was in February 2022. In a recent release, seen by Pindula News, ZIMSTAT said in March 2022, annual inflation was at 72.7 per cent from 66.1 per cent in February. However, monthly March inflation shed 0.7 percentage points to 6.3% (February: 7%) as there were limited pricing pressures in the food category.
Consumer Price Index March 2022
The month-on-month inflation rate in March 2022 was 6.3 percent shedding 0.7 percentage points on the February 2022 rate of 7.0 percent.
The year-on-year inflation rate (annual percentage change) for the month of March 2022 as measured by the all items Consumer Price Index (CPI) stood at 72.7 percent.
The CPI for the month ending March 2022 stood at 4,766.10 compared to 4,483.06 in February 2022 and 2,759.83 in March 2021.
Blended Consumer Price Index March 2022
The month-on-month inflation rate in March 2022 was 2.7 percent shedding 0.4 percentage points on the February 2022 rate of 3.1 percent.
The year-on-year inflation rate (annual percentage change) for the month of March 2022 as measured by the all items blended Consumer Price Index (CPI) stood at 29.8 percent.
The blended CPI for the month ending March 2022 stood at 146.06 compared to 142.28 in February 2022 and 112.51 in March 2021.
Poverty Datum Lines March 2022
The Food Poverty Line (FPL) for one person in March 2022 was $7,062.00. The Total Consumption Poverty Line (TCPL) for one person stood at $9,708.00 in March 2022.
The Food Poverty Line FPL for one person in February 2022 was $6 660.00. The Total Consumption Poverty Line TCPL for one person stood at $9 144.00 in February 2022.
