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.

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Zimbabwe Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
471.25 659.40 837.53 -7.50 2009 - 2020 percent Monthly
2019M2=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-17 07:00 AM Jul 837.53% 737.26% 780%
2020-09-15 09:20 AM Aug 761.02% 837.53% 880%
2020-10-13 12:40 PM Sep 659.4% 761.02% 680%
2020-11-11 11:25 AM Oct 471.25% 659.4% 540%
2020-12-10 10:00 AM Nov 471.25% 320%
2021-03-16 07:00 AM Feb
2021-04-14 12:30 PM Mar
2021-05-28 12:30 PM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Zimbabwe October Inflation Rate Falls to 9-Month Low
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.
2020-11-11
Zimbabwe September Inflation Rate Falls to 7-Month Low
The annual inflation rate in Zimbabwe eased further to 659.4% in September of 2020 from 761% in the prior month. It was the lowest inflation rate since February, as the Zimbabwe dollar has recovered some ground recently on the back of stabilization of the foreign exchange market. This was mainly the result of improved formal access to forex on the auction system since June 23rd, 2020 and tighter controls on mobile money transactions. On a monthly basis, consumer prices went up 3.8%, the least since January, following an 8.4% increase in the previous month.
2020-10-13
Zimbabwe Inflation Rate Slows to 761% in August
The annual inflation rate in Zimbabwe eased to 761 percent in August of 2020 from 837.5 in the prior month. On a monthly basis, consumer prices increased 8.4 percent, the least since January, decelerating sharply from a 35.5 percent jump in the previous month. Still, the country's economic crisis is expected to deepen amid a weakening currency on the back of the global pandemic, together with the government's inability to deliver economic reforms and persistent shortages of food due to successive poor harvests.
2020-09-15
Zimbabwe Inflation Rate Surges to 837.5% in July
The annual inflation rate in Zimbabwe quickened to 837.5 percent in July of 2020 from 737.3 percent in the prior month, as the coronavirus pandemic aggravated the country’s pre-existing issues including shortages of food and fuel and a collapsing currency. Zimbabwe has been grappling with more than a decade of hyperinflation triggered by economic mismanagement under former president Robert Mugabe, who was ousted by a military coup in 2017. On a monthly basis, consumer prices jumped 35.5 percent, the most since last October, following a 31.7 percent surge in June.
2020-08-17

Zimbabwe Inflation Rate
In Zimbabwe, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (31.3 percent of total weight); Housing and Utilities (27.6 percent); Transport (8.4 percent) and Miscellaneous Goods and Services (6.5 percent). Others include: Household Contents, Equipment and Maintenance (5.3 percent); Alcoholic Beverages and Tobacco (4.9 percent); Clothing and Footwear (4.3 percent) and Education (4.3 percent). Communication, Recreation and Culture, Health and Restaurants and Hotels account for the remaining 7.5 percent of total weight.