Zimbabwe inflation

Former Finance Minister Tendai Biti has predicted that "2023 will be a rough and tough year for working families" citing that inflation will be worsened by government mismanagement of the exchange rate and "unrestrained spending".
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Taking to Twitter, constitutional lawyer and former Zimbabwean finance minister Tendai Biti said that this was the third time in 14 years that the regime has pushed the economy into hyperinflation territory, and says that those in positions…
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Prices of cooking oil and other basics soared in Zimbabwe as inflation nearly doubled in June, data showed on Monday, piling pressure on a population struggling with shortages and stirring memories of economic chaos a decade ago.
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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.
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Inflation in Zimbabwe soared last month to its highest level since 2008, official data showed on Tuesday, after a severe dollar shortage led to a surge in prices of food, drinks and clothes.
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Zimbabwe's inflation pressures continue escalating as the country’s annual broad money supply (M3) rose by 40,8 percent to $9,1 billion in June 2018 from $6,4 billion recorded in same period last year.Broad money supply is money in…
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Zimbabwe launched a "bond notes" currency which held its value against the US dollar on Monday, despite warnings that it could cause hyperinflation and suggestions it could bring down President Robert Mugabe. Formal businesses were…
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Zimbabwe's annual inflation for the month of March lost 0,09 percentage points to close the month at negative 2,31 percent from a negative 2,23 percent in February as the country sinks deeper into deflation.
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Zimbabwe's year-on-year inflation rate for the month of July went up 0,4 percentage points to 3,3 percent from 2,9 percent the previous month. Year-on-year food and non-alcoholic beverages inflation, prone to transitory shocks, stood at…
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BULAWAYO — Zimbabwe Prime Minister Morgan Tsvangirai said on Sunday only his opposition Movement for Democratic Change can save the economy from "total demise" and grow it by 10 percent a year for 30 years.
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