Zimbabwe annual inflation to fall between 10-15 pct after registering highest in decade

Zimbabwe annual inflation to fall between 10-15 pct after registering highest in decade
Year-on-year inflation accelerated to 56.9 per cent in January from 42.09 per cent in December, propelled by increases in the price of basic goods and beer.
  • Country:
  • Zimbabwe

Zimbabwe's average annual inflation should fall to between 10 and 15 per cent after it reached its highest level in a decade in January, central bank governor John Mangudya said on Monday. Year-on-year inflation accelerated to 56.9 per cent in January from 42.09 per cent in December, propelled by increases in the price of basic goods and beer.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.