By RFIPosted on 07-10-2019Modified on 07-10-2019 at 20:49
In Zimbabwe, fuel is experiencing a new surge in prices, officially 25%, which further distances hopes for an exit from the economic crisis.
Zimbabweans are no longer counting the price increases at the pump since the beginning of the year. They almost tripled in January and were followed by regular increases.
The rise of the beginning of the year had provoked a protest movement violently repressed by the army. Among the protesters, at least 17 people were killed and dozens wounded. The new rise in fuel prices is the result of rampant inflation.
Fuel, a luxury product
Fuel becomes a luxury product. At 15 Zimbabwean dollars, or one US dollar per liter, a doctor practicing in the public hospital now spends almost half of his salary on refueling.
But even more serious, the increase in the price of diesel increases other prices, such as transport and basic necessities. They have risen nearly 300% in a year, according to the International Monetary Fund. Over this period, some analysts estimate inflation at more than 900%.
When he came to power, President Emmerson Mnangagwa pledged to improve the growth curve, but two years later, Zimbabwe's economy remains in crisis.
► See also: Zimbabwe: Rising fuel prices stir up anger
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