$100,000 for a Loaf of Bread

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Inflation in Zimbabwe has topped 1000%:

A loaf of broad now costs between Z$80,000 – Z$110,000 (79 US cents – $1.08) up from about Z$7,500 (7 US cents) last year, when the price was controlled by the government.

A carton of orange juice costs about Z$500,000 and a kilo of beef up to Z$1m….

In January, the government introduced a Z$50,000 “bearer cheque” worth 49 US cents, to become the highest value currency note.

It is not enough to buy a copy of the daily Herald newspaper at Z$80,000.

Housing, education and transport costs also have jumped, while the unemployment rate means that almost two out of every three Zimbabweans are out of work.

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