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October inflation slides to -3.29 percent

Zimbabwe’s year-on-year inflation rate stood at -3.29 percent after shedding 0.18 percentage points on the September rate of -3.11 percent, the national statistics agency said yesterday.

On a month-on-month basis, the inflation rate was -0.29 percent, gaining 0.07 percentage points on the September rate of -0.36 percent, said the Zimbabwe National Statistics Agency.- The Source

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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.

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