ECONOMC INDICATORS

Zim inflation to hit 7% by Dec, says IMF

A 200% increase in money supply between December 2015 and May 2017 is unsustainable and could stoke inflationary pressures in the economy, the IMF has warned.IMF mission chief for Zimbabwe Gene Leon ...

By Staff reporter | Published: 21 July 2017

ECONOMC INDICATORS

Zimbabwe's budget deficit rose to $1.4 billion

Zimbabwe's budget deficit rose to $1.4 billion, or 10 percent of national output, in 2016, worse than previously revised estimates, the country's finance minister said.The shortfall arose from unbudge...

By Reuters | Published: 20 July 2017

ECONOMC INDICATORS

Zimbabwe annual budget review and outlook

The Zimbabwean economy is expected to register significant growth of 3.7% this year, underpinned by strong performance in agriculture of 21.3%, mining 5.1% and electricity and water 2.5%, Finance a...

By Staff reporter | Published: 20 July 2017

ECONOMC INDICATORS

Zimbabwe export earnings edge up

Zimbabwe has registered a slight growth in export earnings after earning $2,58 billion up from $2,57 billion as of June 16 this year, compared to the same period last year.Finance minister Patrick Chi...

By Staff reporter | Published: 20 July 2017

ECONOMC INDICATORS

Food prices drop

ZIMBABWE's cost of living for a family of six continued on a downward trend last month, dropping to $575.71 from $577.77 in May on the back of a decrease in the food basket, figures from the Consumer ...

By Staff reporter | Published: 19 July 2017

ECONOMC INDICATORS

Zimbabwe inflation makes surprise u-turn

Zimbabwe's inflation rate slowed to 0.31 percent year-on-year in June from 0.75 percent in May, data from the national statistics agency showed on Monday.The June inflation rate took a huge retreat, s...

By Staff reporter | Published: 17 July 2017

ECONOMC INDICATORS

Zimbabwe deflationary pressures persist

Deflationary pressures in Zimbabwe continue to persist with the country's annual inflation shedding 1,45 percentage points to -2,65 percent in April form -1,20 percent recorded in March.Latest figures...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Broad money supply up 11,6%

Zimbabwe's broad money supply increased by 11,6 percent between January 2014 and January 2015, from $3,88 billion last year to $4,34 billion, on the back of growth in banking sector deposits, statisti...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Zim broad money supply declines

Zimbabwe's broad money supply declined marginally from $4,34 billion in January to $4,33 in billion February this year, confirming the country's economic slowdown, statistics from the central bank sho...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Zimbabwe inflation drops again

Zimbabwe's inflation has dropped to -1,28 percent with calls for the government to focus on price stability policies.Data released by the Zimbabwe National Statistics Agency (Zimstat) today shows that...

By Staff reporter | Published: 16 February 2015

ECONOMC INDICATORS

Broad money supply surges

Broad money supply surged by $318 million in the year to May 2014 as the country's deposits base responded to the positive effects of a successful tobacco season, the latest report from the Reserve Ba...

By Staff reporter | Published: 21 July 2014

ECONOMC INDICATORS

Zimbabwe's trade deficit declines

The country's trade deficit in the five months to May was at $1,47 billion, narrowing by about 17,9 percent from the comparable period last year reflective of the tight liquidity situation and the lac...

By Staff reporter | Published: 10 July 2014

ECONOMC INDICATORS

Consumer basket declines

The consumer basket for a family of six has marginally decreased by 0.67 per cent to $588.07 in June from $592.97 due to a minimal decline of prices of goods in the basket in June.According to the Con...

By Staff reporter | Published: 03 July 2014

ECONOMC INDICATORS

Broad money supply up 3% in April

Annual broad money growth slowed down by 1,13 percentage points from 7,7% in March to 6,6% in April but increased by 3,3 % on a month on month basis spurred by tobacco sales, Reserve Bank of Zimbabwe ...

By Staff reporter | Published: 30 June 2014

ECONOMC INDICATORS

Zimbabwe's deflation softens

Zimbabwe's deflation softened with the annual inflation rate gaining 0,07 percentage points to minus 0,19 percent in May on the back of a rise in revenue inflows from tobacco export receipts.According...

By Staff reporter | Published: 16 June 2014

ECONOMC INDICATORS

World Bank cuts Zim's growth prospects

THE World Bank has cut Zimbabwe's economic growth rate forecasts to just 2 percent  on mounting evidence of weak foreign direct investment, liquidity constraints and lack of policy clarity.It has...

By Staff reporter | Published: 14 June 2014

ECONOMC INDICATORS

Zim deflation thaws

Zimbabwe's deflation thawed substantially after the annual inflation rate gained 0,65 percentage points to minus 0,26 percent in April as revenue from tobacco eased the liquidity crisis, but analysts ...

By Golden Sibanda | Published: 18 May 2014

ECONOMC INDICATORS

Zim cost of living marginally decreases

The cost of living as measured by the Consumer Council of Zimbabwe's low income urban earner monthly basket for a family of six marginally decreased by 0,32 percent from the March 2014 figure of $561....

By Staff reporter | Published: 05 May 2014

ECONOMC INDICATORS

Zim deflationary pressures persist

THE year-on-year inflation rate for the month of March was -0,91%  shedding 0,42 percentage points from the previous month, data released by the Zimbabwe National Statistical Agency (ZimStat) sho...

By Staff reporter | Published: 16 April 2014

ECONOMC INDICATORS

Zim CPI at -0.91% year on year in March

Zimbabwe's deflation accelerated to 0.91 percent year-on-year in March from 0.49 percent in February partly because prices of food and non-alcoholic beverages declined, the national statistics agency...

By Reuters | Published: 16 April 2014

ECONOMC INDICATORS

Zim cost of living goes up

THE cost of living as measured by the Consumer Council of Zimbabwe rose marginally last month from the February figure of $559.93 to $561.24.The food basket increased by 1,52 percent or $2,29 from $15...

By Staff reporter | Published: 07 April 2014

ECONOMC INDICATORS

Zim aligns Consumer Price Index with region

Zimbabwe is remodeling the consumer price index in line with regional practices in a bid to increase regional integration.The new consumer price index will have new weights and a new classification d...

By Staff reporter | Published: 18 March 2014

ECONOMC INDICATORS

Zim money supply up 2,1%

Money supply marginally grew by 2,1% in January 2014, an increase of 0,7 percentage points from the average 1,4% recorded in the last quarter of 2013, latest central bank statistics show.The Reserve B...

By Staff reporter | Published: 18 March 2014

ECONOMC INDICATORS

Zimbabwe enters deflation

Zimbabwe moved into deflation after the annual rate of inflation for February shed 0,90 percentage points to minus 0,49 percent due to continuing price fall with some economists seeing this as a tempo...

By Business Reporter | Published: 18 March 2014

ECONOMC INDICATORS

'Gloomy Zimbabwe economic outlook to persist'

Prospects of Zimbabwe's economic revival remain gloomy with developments indicating a tough time ahead, economic analysts say.Among the challenges, the economists say the country faces a widening trad...

By Staff reporter | Published: 13 March 2014
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