Steve Hanke
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Business Briefs
Zimbabwe inflation down to 106,6% for June
Zimbabwe’s annual inflation dropped by 55 percentage points to 106.6% in June down from 161.9% in May, but United States economist Steve Hanke says the country’s inflation was down to 62.05% as of last week. Business had expressed fears that inflation could rise following the government clampdown on pricing using the black market rate instead of the foreign currency auction…
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Health
One in three Zimbabwean children malnourished
ECONOMISTS believe that food shortages and lockdowns have led to an acute rise in malnutrition cases among children in Zimbabwe. Data reveals that one in three children in the country are malnourished amid a deepening health crisis. Steve Hanke, an applied economist at the John Hopkins University, shared an article on one in three children in Zimbabwe suffering from malnourishment…
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