Zimbabwe News and Internet Radio

Zimbabwe inflation soars to 10-year high of 97.85% year/year in May

By MacDonald Dzirutwe | Reuters |

Zimbabwe’s annual inflation raced to a 10-year high of 97.85% in May from 75.86% the previous month, the national statistics agency Zimstats said on Monday.

On a monthly basis, prices rose 12.54% during the same period compared with 5.52% in April, Zimstats said