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Hyperinflation in Zimbabwe is an ongoing period of currency instability in Zimbabwe which, using Cagan's definition of hyperinflation, began in February 2007. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics.
Zimbabwe's consumer inflation surged to 37.2% month on month in October in local currency terms, data showed on Friday, after a sharp devaluation in the southern African country's...
The annual inflation rate in Zimbabwe soared for the fourth month to 47.6% in February 2024, the highest in over a year, from 34.8% a month before. The acceleration in overall inflation is largely due to the continued depreciation of the Zimbabwean dollar against the greenback.
Zimbabwe now has the world’s second highest inflation after Venezuela, according to International Monetary Fund figures. The southern African nation went through this a decade ago but says there is no getting used to it, and coping has become both creative and desperate.
From 2000, it rapidly increased from single digits to 114% in 2004, climbed even higher to hit 157% in 2008, and then peaked at 558% in 2020. There are two longstanding fundamental drivers of...
Zimbabwe’s official year-on-year inflation for May 2021 was reported at 161,9% by the Zimbabwe National Statistics Agency (Zimstat). This was the fourth straight month of a slowdown in inflation.
Zimbabwe’s annual inflation rate climbed for the first time since the recent adoption of a new price measure that reflects the widespread use of US dollars for transactions in the economy.
Inflation, consumer prices (annual %) - Zimbabwe from The World Bank: Data. Free and open access to global development data. Data. This page in: English; ... Inflation, consumer prices (annual %) - Zimbabwe. International Monetary Fund, International Financial Statistics and data files.
Zimbabwe's monthly consumer inflation shot up to 37.2% in October 2024, compared to 5.8% in the prior month. This marks the third consecutive month of price growth, reaching the highest point since June 2019, after a sharp devaluation in the country's gold-backed local currency.
ZIMBABWE’S inflation crisis has escalated alarmingly, with consumer prices rising by an astonishing 37,2% month-on-month in October, a jump driven by the dramatic devaluation of the Zimbabwe ...