Consumer Price Index (CPI)

Markets

Zimbabwe CPI slows to 761.02% year-on-year in August

Zimbabwe’s consumer price inflation slowed to 761.02% year-on-year in August compared to 837.53% the previous month, the statistics agency said on Tuesday. On a monthly basis, prices increased by 8.44% compared to 35.53% in July. The ministry of finance has targeted annual inflation at 300% by the end of this year. This now looks achievable considering that the Zimbabwe dollar…