Inflation rises to 12.9%, maintaining double digit trend
• Annual food inflation rose to 13.7% in November from 13.6% in October 2023.• Non-food inflation increased to 11.8% from 11.3% in October 2023.• Inflation
Tag : Zambia Statistics Agency (ZAMSTATS)
Zambia records trade deficit of K1 billion
• Exports mainly comprising domestically produced goods, decreased by 8.0 percent to K15.8 billion in October 2023.• Imports decreased by 6.1 percent to K16.8 billion
Annual inflation for October 2023 edges higher to 12.6%
• Annual food inflation for October 2023 increased to13.6 percent from 13.4 percent in the previous month.• This is due to price movements in Breakfast
Inflationary pressure likely to persist
• This is due to lack of immediate interventions to reduce the cost of fuel and other essential commodities.• High inflation is counter-productive to economic
Zambia’s annual inflation soars to 12%, as country posts trade surplus
• On average, prices of goods and services increased by 12.0 percent between September 2022 and September 2023.• This was mainly due to price movements
Economist projects increase in inflation rate
• Inflation rate will go up although maybe not this month but next month.• Major drivers of inflation will be the exchange rate and increase
Zambia’s August inflation rises to 10.8%, country records trade surplus
• This was triggered by price movements of selected food and non-food items.• Annual food inflation for August 2023 increased to 12.6 percent from 12.1
Annual inflation rate hits to double digits
• Price movements in Cereals, Fish Vegetables., Milk, and Cheese & Eggs.• Overall monthly inflation July 2023 was recorded at 0.9 percent.• Annual national average
June inflation drops to 9.8%, as Zambia records trade surplus
• On average, prices of goods and services rose by 9.8 percent between June 2022 and June 2023.• Monthly food inflation remained the same at
April Inflation rises to 10.2%, with Lusaka Province at 11.6%
• Overall annual rate of inflation for April 2023 increased to 10.2 percent from 9.9 percent recorded in March 2023.• The rise is attributed to