Business / Economy
Latest inflation figures
15 Mar 2017 at 11:57hrs | Views
Zimbabwe National Statistics Agency (Zimstat) on Wednesday said year on year inflation rate for the month of February stood at 0.06 percent, after gaining 0.71 percentage points on the January 2017 rate of -0.65 percent.
It marks the first time since February 2014 that Zimbabwe has been out of deflation, as consumer prices continue to rise.
Inflation is expected to average 1.1 percent this year.
Month-on-month the inflation rate in February 2017 was 0.61 percent gaining 0.38 percentage points on the January 2017 rate of 0.23 percent, Zimstat said.
It marks the first time since February 2014 that Zimbabwe has been out of deflation, as consumer prices continue to rise.
Inflation is expected to average 1.1 percent this year.
Month-on-month the inflation rate in February 2017 was 0.61 percent gaining 0.38 percentage points on the January 2017 rate of 0.23 percent, Zimstat said.
Source - The Source
