The annual inflation rate in Zimbabwe fell to 471.3% in October of 2020 from 659.4% in the prior month. It was the lowest inflation rate since January, as a stabilizing exchange rate is easing price pressures. On a monthly basis, consumer prices went up 4.37%, following a 3.83% increase in the previous month. source: Reserve Bank of Zimbabwe
Inflation Rate in Zimbabwe averaged 72.28 percent from 2009 until 2020, reaching an all time high of 837.53 percent in July of 2020 and a record low of -7.50 percent in December of 2009. This page provides the latest reported value for - Zimbabwe Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Inflation Rate in Zimbabwe is expected to be 249.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Zimbabwe to stand at 50.00 in 12 months time. In the long-term, the Zimbabwe Inflation Rate is projected to trend around 30.00 percent in 2021 and 25.00 percent in 2022, according to our econometric models.