26.4.2025
16:36
Zimbabwe’s
annual
inflation
rate
was
at
85.7%
in
April
in
local
currency
terms,
statistics
agency
data
showed.
A
man
pushes
a
cart
with
groceries
in
the
capital
Harare,
Zimbabwe,
March
31,
2025.
REUTERS/Philimon
Bulawayo Purchase
Licensing Rights,
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man
pushes
a
cart
with
groceries
in
the
capital
Harare,
Zimbabwe,
March
31,
2025.
REUTERS/Philimon
Bulawayo Purchase
Licensing Rights,
opens
new
tab
Reuters
–
Zimbabwe’s
annual
inflation
rate
was
at
85.7%
in
April
in
local
currency
terms,
statistics
agency
data
showed.
Friday’s
release
is
the
first
time
Zimstat
has
given
a
year-on-year
local
currency
inflation
rate
since
authorities
launched
the
Zimbabwe
Gold
(ZiG)
currency
in
April
2024.
The
Reuters
Tariff
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The
ZiG
is
Zimbabwe’s
sixth
attempt
at
a
stable
currency
in
less
than
two
decades
after
a
bout
of
hyperinflation
under
former
leader
Robert
Mugabe.
But
the
ZiG
is
down
almost
50%
since
its launch,
according
to
Friday’s
exchange
rate
on
the
central
bank
website.
the
ZiG
is
down
almost
50%
since
its launch,
according
to
Friday’s
exchange
rate
on
the
central
bank
website.
Post
published
in:
Business