Harare,(New Ziana) – Government said on Friday it is targeting to reduce inflation to around 300 percent by year-end, a figure less than half the current level. Inflation peaked at 785 percent in May, and slowed down to 737 percent in June. Finance and Economic Development Minister, Professor Mthuli Ncube said the surge in inflation […]
Harare, (New Ziana) – Zimbabwe’s annual inflation reached 785.55 percent in May after gaining 19.98 percentage points from the previous month, the Zimbabwe National Statistics Agency (Zimstat) said on Tuesday. Inflation stood at 765.57 in April. Month-on-month inflation, however stood at 15.13 percent, a marginal decline from 17.64 percent the previous month. “The Consumer Price […]
Harare, (New Ziana) – The Zimbabwe National Statistics Agency (Zimstat) on Tuesday said the country’s annual inflation for March, 2020 stood at 676.39 percent, an increase of over 139 percentage points from February. Zimstat resumed publication of annual inflation figures last month, after a break of over seven months that allowed the body to collect […]
Harare, (New Ziana) – Zimbabwe’s month-on-month inflation slowed down in December 2019, closing the year at 16.55 percent after shedding 0.91 percentage points from the previous month, data released on Wednesday shows. Month-on month inflation was 17.46 percent in November, 2019. “This means that prices as measured by the all items CPI (Consumer Price Index) […]