Business / Economy
Zim inflation slows to 4 percent in March
17 Apr 2012 at 10:08hrs | Views
HARARE - Zimbabwe's headline consumer inflation rate slowed to 4% year-on-year in March from 4.3% in February, the National Statistical Agency said on Thursday.
On a month-on-month basis, inflation was at 0.43% in March compared with February's 0.49%, Zimstats said.
The year-on-year food and non-alcoholic beverages inflation prone to transitory shocks stood at 5,20% while non-food inflation stood at 3,44%.
The month-on-month inflation rate in March was 0,43 shedding 0,06 percentage points on the February rate of 0,49%.
The month-on-month food and non-alcoholic beverages inflation stood at 0,80% last month after gaining 0,39 percentage points on the February 2012 rate of 0,41%.
The month-on-month non-food inflation stood at 0,26% shedding 0,22 percentage points on the February 2012 rate of 0,48%.
On a month-on-month basis, inflation was at 0.43% in March compared with February's 0.49%, Zimstats said.
The year-on-year food and non-alcoholic beverages inflation prone to transitory shocks stood at 5,20% while non-food inflation stood at 3,44%.
The month-on-month food and non-alcoholic beverages inflation stood at 0,80% last month after gaining 0,39 percentage points on the February 2012 rate of 0,41%.
The month-on-month non-food inflation stood at 0,26% shedding 0,22 percentage points on the February 2012 rate of 0,48%.
Source - Reuters
