Zim Inflation Hits 20,9 Percent From 5,4 Percent

The past few months have proven to be a challenge economically for Zimbabweans. The new monetary policies as well as parallel market have contributed to a spike in prices in the country.  Recent statistics have revealed that the country’s inflation rate for the month of October increased to 20,9 percent from 5,4 percent. This is according to the latest figures released by the Zimbabwe National Statistics Agency.

ZimStats, however, said the data used for the latest inflation data was collected during the period covering five days around October 15, 2018. Prices jumped by 16.44 percent during the same period from 0.92 percent in September.