Wow...Zimbabwe's inflation rate is getting near 1600%, annually. Monthly inflation rate was 45.4% in January.
So, to take an example in US Dollars -- take that loaf of wheat bread that you just bought for say, $1.89, in December. With 45.4% monthly inflation, the bread would have cost $2.75 in January, then $3.99 in February, then $5.80 in March...you can see how that could be a problem for people.
Something for you to chew on -- of course, prices can go up because of supply and demand. But, they most often go up because of inflation. The same sort of thing has been happening to the US Dollar, just over a longer period. Here's a calculator, based on the Consumer Price Index.
http://news.bbc.co.uk/2/hi/business/6354
So, to take an example in US Dollars -- take that loaf of wheat bread that you just bought for say, $1.89, in December. With 45.4% monthly inflation, the bread would have cost $2.75 in January, then $3.99 in February, then $5.80 in March...you can see how that could be a problem for people.
Something for you to chew on -- of course, prices can go up because of supply and demand. But, they most often go up because of inflation. The same sort of thing has been happening to the US Dollar, just over a longer period. Here's a calculator, based on the Consumer Price Index.
http://news.bbc.co.uk/2/hi/business/6354
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