Price of bread rises 60% overnight in Zimbabwe

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Zimbabweans can barely keep pace with the price rises that have rekindled fears of hyperinflation which reached 500 billion percent a decade ago and forced the country to trash its own currency.

HARARE - The price of bread shot up 60% overnight in Zimbabwe, in the latest blow for a population already struggling with spiralling living costs.

Electricity is only available for around six hours a day, forcing many bakers to use generators to run their ovens. The price of a loaf of bread soared to 15 Zimbabwe dollars on Wednesday from nine dollars the previous day, according to an AFP correspondent. After decades of mismanagement under the late dictator Robert Mugabe, Zimbabwe reached absurd levels of hyperinflation in 2008-2009 when the central bank started printing money.

 

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The reality of a 300+% inflation rate. Soon it will jump 100% in a day, then an hour...

Tell us about loadshedding

Who cares they have land 😎😂

Let them have cake!

They can just come buy here across the border. Price stays the same.

But they have “the land” so it’s chill right?

I thought it was Mugabe that was making people suffer. He is gone now. So wats the problem

That's what happens in a hyperinflation environment. Just sad

The Is no spar in zim

No farmers no food

Government keeps on battling shortage of wheat, but the state media want us to be belive lies

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