Inflation slows to 3.6%


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Zimbabwe’s annual inflation eased to 3.6% for the month of October, down from the September rate of 4.2%, the government statistics agency said today. Monthly inflation, however, rose from 0.1 % in September to 0.2% in October due to higher prices for food and non-alcoholic beverages. The strengthening of the rand in neighbouring South Africa has pushed up prices in Zimbabwe, which still relies on imports from South Africa.

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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