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Zimbabwe inflation drops 1.98%

by Staff reporter
25 Feb 2021 at 16:03hrs | Views
ZIMBABWE'S month-on-month inflation for February decreased by 1,98 percentage points to 3,45 percent from 5,43 percent recorded in January, the Zimbabwe National Statistics Agency (Zimstat) said.

The statistics agency also revealed that year-on-year inflation for the month of February stood at 321,59 percent.

"The month-on-month inflation rate in February 2021 was 3,45 percent shedding 1,98 percentage points on the January 2021 rate of 5,43 percent.

"The year-on-year inflation rate for the month of February 2021 as measured by the all-items Consumer Price Index (CPI) stood at 321,59 percent," it said.

Source - chronicle