Harare, (New Ziana) – Zimbabwe’s annual inflation rate in United States dollar terms rose to 2.8 percent this month, up from 2.2 percent recorded in April, according to the latest figures that the Zimbabwe National Statistics Agency released.
The increase means that prices, as measured by the all-items US dollar Consumer Price Index (CPI), rose by an average of 2.8 percent between May last year and May this year.
The US dollar CPI stood at 125.19 in May, compared to 124.76 in April, and 121.76 in May last year.
“The USD month-on-month inflation rate for May was 0.3 percent shedding 0.8 percentage points on the April rate of 1.1 percent.
This means that prices as measured by the all items USD CPI, increased by an average rate of 0.3 percent from April 2026 to May 2026,” said ZIMSTAT.
On a month-on-month basis, inflation slowed to 0.3 percent in May from 1.1 percent in April, reflecting a decline of 0.8 percentage points.
According to ZIMSTATS, this indicates that prices increased by an average rate of 0.3 percent between April and May this year.
Food and non-alcoholic beverages inflation remained unchanged at 0.8 percent during the month under review, while non-food inflation eased significantly to 0.1 percent from 1.2 percent in April.
ZIMSTAT also reported that the mean month-on-month inflation rate from January to May this year averaged 0.3 percent, a marked improvement from the 1.0 percent average recorded during the whole of last year.
It said price data used in compiling the latest inflation figures was collected between May 12 and May 18, meaning the reported price movements reflect developments during that period.
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