Zimbabwe’s annual consumer price inflation eased to 280.4% in September of 2022, from 285% in the prior month, which was the highest since February of 2021. The recent stability in prices of basic goods and services, which have seen some commodities such as fuel and cooking oil continuing to fall was attributed to the adoption of corrective measures by the Government and the Reserve Bank of Zimbabwe. On a monthly basis, consumer prices rose by 3.5%, the least in over a year, after a 12.4% surge in the previous month. source: Reserve Bank of Zimbabwe

Inflation Rate in Zimbabwe averaged 84.92 percent from 2009 until 2022, 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 October of 2022.

Inflation Rate in Zimbabwe is expected to be 340.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Inflation Rate is projected to trend around 50.00 percent in 2023 and 30.00 percent in 2024, according to our econometric models.

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Zimbabwe Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-08-26 07:50 AM Aug 285% 256.9% 245%
2022-09-26 12:00 PM Sep 280.4% 285% 340%
2022-10-27 10:00 AM Oct 280.4%

Related Last Previous Unit Reference
Inflation Rate 280.40 285.00 percent Sep 2022
Food Inflation 340.00 353.00 percent Sep 2022
Inflation Rate MoM 3.50 12.40 percent Sep 2022
CPI Transportation 12001.10 11747.30 points Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
280.40 285.00 837.53 -7.50 2009 - 2022 percent Monthly
2019M2=100, NSA

News Stream
Zimbabwe Inflation Rate Accelerates to 285%
Zimbabwe’s annual consumer price inflation climbed further to 285% in August of 2022, from 256.9% in the prior month. It was the highest reading since February of 2021, amid general increases across categories of goods and services, especially food, as droughts have led to failed harvests. Meanwhile, the country's currency continued to plunge even after Zimbabwe's central bank had launched gold coins as legal tender in an effort to stabilize the economy. On a monthly basis, consumer prices rose 12.4%, the least in five months, following a 25.6% jump in the previous month.
Zimbabwe Inflation Rate Rises to 257%
Zimbabwe’s annual consumer price inflation climbed to 256.9% in July of 2022, from 191.6% in the prior month, reaching its highest point since February of 2021. The country has been experiencing strong inflationary pressures over the past seven months, attributed to the exchange rate volatility and external factors including the war in Ukraine. Meanwhile, Zimbabwe's central bank has recently launched gold coins in an effort to help curb soaring inflation amid a slump in the country's currency. On a monthly basis, consumer prices surged 25.6%, following a 30.7% jump in the previous month.
Zimbabwe Inflation Rate Surges to 12-Month High
Zimbabwe’s annual consumer price inflation jumped to 131.7% in May of 2022, from 96.4% in the prior month. It is the highest inflation rate since last May, as the currency plunged after the Reserve Bank of Zimbabwe introduced a new interbank rate at 276 per dollar on May 9th. The Zimbabwe dollar was officially trading at 166 per USD and as much as 420 on the black market before the interbank rate was adopted. On a monthly basis, consumer prices surged 21 percent, the most since July 2020 and following a 15.5 percent rise in April.