Inflation up


0

Zimbabwe’s annual inflation for September stood at 0.78 percent, gaining 0.64 percent on the August 2017 rate of 0.14 percent, the statistics agency reported today.

Month on month the inflation rate gained 0.51 percentage points to 0.38 percent, Zimstats said.

United States economist Steve Hanke argued that Zimbabwe’s inflation for August was 242.72 percent.

He said Zimbabwe now had the second highest inflation in the world after Venezuela.

His calculations were based on the Old Mutual share price difference in London and Harare.

 

 

(67 VIEWS)

Don't be shellfish... Please SHAREShare on Google+
Google+
Tweet about this on Twitter
Twitter
Share on Facebook
Facebook
Share on LinkedIn
Linkedin
Email this to someone
email
Print this page
Print

Like it? Share with your friends!

0
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.

0 Comments

Your email address will not be published. Required fields are marked *