Annual inflation seen below 5%
The governor noted that in the last nine months, inflationary pressures have dissipated, as seen by the decline in the annual inflation rate from 30,9% in June to 17,8% in October 2023.
By Mthandazo Nyoni
Apr. 8, 2024
Budget highlights
Annual inflation expected to close 2023 at slightly below 20%. In 2024, annual inflation is anticipated to end the year at between 10% to 20%
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Zimbabwe National Statistics Agency put Zimbabwe’s annual inflation rates at triple digits, with inflation rising 175.8% in June from 86.5% the previous month.
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Jul. 2, 2023
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The last published annual inflation figure for the local currency was 229,8% in January 2023.
By Victor Bhoroma
Apr. 28, 2023
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