October Inflation Stands At 38.75% - Report

4 years agoSat, 16 Nov 2019 04:09:30 GMT
Share on FacebookShare on TwitterShare on LinkedIn
October Inflation Stands At 38.75% - Report

October has recorded a month on month inflation rate of 38.75% which VOA said is the highest for the last 4 months. The inflation rate shot from 17.7 in September to 37.85% in October.

The Zimstats month on month report is coming after IMF in September said Inflation had soared to almost 300% in August. Finance Minister has however said month on month inflation will drop to a single digit by the first quarter of 2020.

Zimstat will start publishing annual inflation rates in February next year after Mthuli’s directive that they stop publishing it till February 2020.

More: VOA

Latest Samsung Galaxy A05s available on Pindula:
128GB storage, 6GB RAM

$148 USD

WhatsApp +263715068543



Leave a Comment

Generate a Whatsapp Message

Buy Phones on Credit.

More Deals