ECONOMC INDICATORS

Zimbabwe inflation rate is currently 69,9%, says US economist

RENOWNED United States economist Steve Hanke says Zimbabwe's annual inflation rate is 69,9%, much higher than the official figure of 4,83%."At present, Zimbabwe's annual inflation rate, by my measure,...

By staff reporter | Published: 30 September 2018

ECONOMC INDICATORS

Imports rise 26%, forex pressures worsen

ZIMBABWE'S import bill rose 26% in the six months to July 31 this year, driven by firming demand for fuel and food.Data for January is missing.The growing import pressures also saw the country's trade...

By Staff reporter | Published: 12 September 2018

ECONOMC INDICATORS

'Zim GDP growth to go up by 15% next year'

Zimbabwe's economy will register a significant Gross Domestic Product (GDP) growth of 6,5% this year, before shooting to 15% next year, should next week's elections be credible, with a clear winner, a...

By Staff reporter | Published: 27 July 2018

ECONOMC INDICATORS

Inflation rises marginally

YEAR-on-year inflation rose marginally to 2,91 percent last month after gaining 0,20 percentage points from May, data from the Zimbabwe National Statistics Agency (Zimstat) shows.Zimstat indicated tha...

By Staff reporter | Published: 24 July 2018

ECONOMC INDICATORS

Zimbabwe inflation rate hits 2,91%

Zimbabwe's annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. "This means th...

By Staff reporter | Published: 18 July 2018

ECONOMC INDICATORS

Zimbabwe inflation remains constant at 2.71%

ZIMBABWE's year-on-year inflation remained constant at 2,71 percent in May, official data from the Zimbabwe National Statistics Agency (Zimstat) shows.The month-on-month inflation rate was at 0,05 per...

By Staff reporter | Published: 19 June 2018

ECONOMC INDICATORS

Falling SA rand hammers ailing Zimbabwe

THE alarming fall of the South African rand against major currencies - over the past few months - is likely to hit Zimbabwe's ailing economy hard.Although Harare continues to resist local industry's i...

By Staff reporter | Published: 15 June 2018

ECONOMC INDICATORS

Zimbabwe exports up 46%

ZIMBABWE's exports increased by 46 percent to $329,6 million in the first four months of the year compared to $225,6 million during the comparable period last year, official trade figures show.The imp...

By Staff reporter | Published: 15 May 2018

ECONOMC INDICATORS

IMF reviews Zimbabwe's economic growth rate

The International Monetary Fund has reviewed Zimbabwe's economic growth rate for this year and sees growth picking up next year as the country moves away from the difficult period it has been going th...

By Staff reporter | Published: 23 April 2018

ECONOMC INDICATORS

Annual inflation rate now 3.52%

Zimbabwe's annual rate of inflation gained 0,6 percentage points in December 2017 to 3,52 percent in January 2018, latest official data shows, partly driven by the 2018 back to school spending.The Zim...

By Staff reporter | Published: 20 March 2018

ECONOMC INDICATORS

Inflation declines, experts query data

THE year-on-year inflation rate for the month of February stood at 2,98%, after shedding 0,54 percentage points on the January figure, the country's statistical agency has said.In January, annual infl...

By Staff reporter | Published: 19 March 2018

ECONOMC INDICATORS

Zimbabwe inflation declines to 2.98%

Zimbabwe’s inflation rate for the month of February shed 0.54 percent to settle at 2.98 percent compared to the January inflation rate of 3.52 percent, official statistics show.The Zimbabwe National...

By Staff reporter | Published: 15 March 2018

ECONOMC INDICATORS

Inflation rises to 3.52%

ZIMBABWE's year-on-year inflation gained 0.06 percentage points last month to 3.52 percent from the December 2017 rate of 3.46 percent, official statistics show.The Zimbabwe National Statistics Agency...

By Staff reporter | Published: 19 February 2018

ECONOMC INDICATORS

Zimbabwe inflation hits 5-year high

ZIMBABWE'S national statistics agency this week moved to defend official inflation data following criticism that its figures seemed to understate resurgent price increases largely driven by an acute f...

By Staff reporter | Published: 18 January 2018

ECONOMC INDICATORS

Inflation stands at 3%

ZIMBABWE'S year-on year inflation rate closed 2017 at 3.46 percent gaining 0.49 percentage points on the November rate of 2.97 percent, official figures show.This means that prices as measured by the ...

By Staff reporter | Published: 17 January 2018

ECONOMC INDICATORS

Zim inflation to reach double digit in 14 months

Zimbabwe's annual inflation gained 0.64 percent in September to 0.78 percent from 0.14 percent is projected to close the year 2018 at levels between 10 and 99 percent, the Parliament Budget Office (PB...

By Staff reporter | Published: 18 October 2017

ECONOMC INDICATORS

September inflation at 0.78%

The country's annual inflation for September stood at 0.78 percent, gaining 0.64 percent on the August 2017 rate of 0.14 percent, the Zimbabwe National Statistical Agency (ZimStats) has announced toda...

By Staff reporter | Published: 16 October 2017

ECONOMC INDICATORS

RBZ insists inflation will close year at 3%

RESERVE Bank of Zimbabwe governor, John Mangudya, says year-on-year inflation will continue on an upward trajectory, but end the year at three percent.Price increases have intensified over the past fe...

By Staff reporter | Published: 28 September 2017

ECONOMC INDICATORS

Inflation remains unchanged

Consumer Price Index (CPI) inflation remained unchanged in August after showing an upward trajectory for six consecutive months between November 2016 and May 2017.Zimbabwe recorded price inflation of ...

By Staff reporter | Published: 18 September 2017

ECONOMC INDICATORS

Zim-SA trade deficit widen by 15%

THE trade deficit between Zimbabwe and South Africa widened by 15% to $131 million in the first seven months of the year, latest trade data from the Statistics Agency shows.Data gathered from the Zimb...

By Staff reporter | Published: 30 August 2017

ECONOMC INDICATORS

'Zimbabwe inflation decline short-lived'

ECONOMIC analysts have warned that Zimbabwe's year-on-year inflation, which slowed down to 0,14 for the month of July from 0,31 percent in June, would still trend upwards by year-end due to worsening ...

By Staff reporter | Published: 24 August 2017

ECONOMC INDICATORS

Zimbabwe inflation decreases

THE country's year-on-year inflation shed 0.17 percentage points to 0.14 percent in July, figures from the Zimbabwe National Statistics Agency (Zimstat) show.Month-on-month inflation also fell from -0...

By Staff reporter | Published: 17 August 2017

ECONOMC INDICATORS

Zimbabwe's 2017 inflation forecast at 2 - 3%

Zimbabwe's inflation is forecast to rise to around two to three percent at the end of this year, before accelerating sharply in 2018 due to election spending.The annual inflation rate, which had been ...

By Staff reporter | Published: 11 August 2017

ECONOMC INDICATORS

Cost of living up 0.2%

THE cost of living increased by 0.2 percent to $576.84 last month from $575.71 in June largely due to suspension of sales promotions by the retailers, the Consumer Council of Zimbabwe has said.Followi...

By Staff reporter | Published: 11 August 2017

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
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