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*Retail Sales Volumes Plunge After Recent Price Hikes* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?et The recent wave of price increases by retailers has negatively impacted on the volumes of sales people’s disposable incomes have remained stagnant. President of the Confederation of Zimbabwe Retailers, Denford Mutashu had this to say: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > The volumes of products pushed by the sector have declined owing to low disposable incomes, as prices have shot up beyond the reach of ordinary citizens. Inflationary pressures have been mounting against stagnant or eroded incomes. Mutashu said that the establishment of the interbank market has not improved the availability of foreign currency for retailers. He said: > The foreign currency situation has not improved significantly as both the interbank bank and the grey market forex rates have been crawling up due to limited supply. *Related:* *Wheat Farmers Struggling To Access Forex On The Interbank Market* *Mthuli Ncube Admits To Devaluation Of RTGS Dollar* *Olivine Struggling To Access Forex On The Interbank Market* *More: Newsday* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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