Categories: Stories

June inflation up

Zimbabwe’s annual inflation for the month of June gained 0.33 percentage points to – 1.37 percent, the statistics agency reported yesterday.

Month on month the inflation rate increased 0.43 percentage points to 0.19 percent, the Zimbabwe National Statistics Agency said.

The Consumer Council of Zimbabwe says the monthly family basket stood at $567.38 in June and increase of almost $10 from January when it stood at $557.58.

The basket was, however, 10 cents cheaper than in May.

(54 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank marketReserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024
Zimbabwe 2025 citizens’ budgetZimbabwe 2025 citizens’ budget

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024
To go or not to go- Mnangagwa in a quandaryTo go or not to go- Mnangagwa in a quandary

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024
Indian think tank says Starlink is a wolf in sheep’s clothingIndian think tank says Starlink is a wolf in sheep’s clothing

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024
ZiG firms against US dollar for 10 days running but people still do not have confidence in the currencyZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024