United States economist Steve Hanke who publishes daily inflation figures of more than 40 countries including Zimbabwe says Zimbabwe’s inflation as of yesterday was 86%.
It was 106.7% on 15 May, the day the Zimbabwe National Statistics Agency normally compiles its Zimbabwe figures.
Zimbabwe has vowed to reduce inflation to below 10% by the end of the year with monthly inflation around 1%.
(193 VIEWS)
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…
The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…
Zimbabwe’s new currency today fell against the United States for the first time since its…
Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…
One bane of recent public discourse in Zimbabwe is not only that it is never…