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AfricaEconomyZimbabwe

PDL for a family of 5 rises 37.40% to $15,573 in July: Zimstat

By Almot Maqolo

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There was a 37.40% rise in the Total Consumption Poverty Line for a family of five in July which was in line with a jump in inflation of 35.53% in the same month under review. Figures from Zimstat show that the TCPL or Poverty Datum Line for a family of five was at $15,573 from June levels of $11,334.00.

Year to date to July the figure has risen 246.68% from $4,492.00 in January 2020. This means that more families have since entered into poverty this year alone as wages have been reluctantly adjusted by both the private and public sector.

The poverty line is the threshold below which families or individuals are considered to be lacking the resources to meet the basic needs for healthy living; in other words, having insufficient income to provide the food, shelter and clothing needed to preserve health. The PDL stood at $3,115 per person from $2,267.00 in June.

The food poverty line (FPL) for one person as at July 2020 stood at $1,329.00. This means that the minimum needs basket cost that much per person in July 2020. This represents an increase of 39.89% over the June 2020 figure of $950.00. The July 2020 FPL for an average of five persons in Zimbabwe stood at $6,643.00. This represented an increase of 39.88% when compared to the June 2020 figure of $4,749.00.


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