February 2024 Basic Needs and Nutrition Basket Statement: Urgent Call for Solidarity with the Poor as the Cost of Living Continues to Rise
Abstract
JCTR’s recent evaluations have revealed an alarming rise in living expenses concerning essential commodities with an upward adjustment of 7.9 percent in comparison to January, 2024. The cost of living for a family of five as measured by JCTR Basic Needs and Nutrition Basket (BNNB) in February 2024 in Lusaka now stands at K 10, 307.01. This marks a substantial rise of K751.48 from the previous month's figure of K9, 555.53. The average prices of various food items on the baskets increased, with the cost of vegetables moving to K689.97 per 40kg from K571.99 per 40 kg and other fruits increasing to K27.21 per kg from K12.72 per kg. Additionally, the price of rice increased to K160.07 per 5kg from K145.00 per 5kg. The food items continue to be influenced by seasonality of the products on one hand and on the other hand the scarcity of the commodities on the market of some products is due to their importation expenses which tend to be affected by the exchange rate.
Description
In the face of a challenging economic landscape, the people of Zambia remain confronted with an urgent and compelling reality - the rise in the cost of living. Particularly those already grappling with financial vulnerability find themselves navigating increasingly difficult waters. Furthermore, resilient individuals, who have long relied on the promise of a fruitful farming season, find themselves confronted with the harsh consequences of ongoing poor rainfall. The circumstances have had an impact on the cultivation of seasonal crops, including pumpkins, vegetables, sweet potatoes, and groundnuts. These crops serve a dual purpose, functioning not only as a means of livelihood but also as an affordable alternative food source. In this critical juncture, the Jesuit Centre for Theological Reflection (JCTR), makes an urgent call for solidarity that resonates as a beacon of hope and support for those navigating the tumultuous waters of economic adversity in Zambia.