HARARE – Zimbabwe’s consumer price inflation quickened to 2.91 percent year-on-year in June from 2.71 percent in May, data from the national statistics agency showed on Monday.
On a month-on-month basis, inflation stood at -0.05 percent after shedding 0.08 percentage points on the May rate of 0.03 percent, the Zimbabwe National Statistics Agency said.
Certainly @ZimStats way of measuring inflation’s flawed; unless they check in places I don’t buy from. Prices hikes are on a rampage in #Zimbabwe. But hey hey; I am not an economist so don’t take my word for it. But I wonder why @ReserveBankZIM boss Mangudya still gets a salary! https://t.co/dRcaUF9umI
— Columbus S. Mavhunga (@CocoinZim) July 17, 2018