July 17, 2017 / 8:59 AM / 7 days ago

Zimbabwe's inflation slows to 0.31 percent y/y in June

1 Min Read

HARARE, July 17 (Reuters) - Zimbabwe's inflation rate slowed to 0.31 percent year-on-year in June from 0.75 percent in May, data from the national statistics agency showed on Monday.

On a month-to-month basis, prices fell by 0.24 percent after increasing 0.03 percent previously, Zimstats said.

The International Monetary Fund has forecast that inflation in Zimbabwe will quicken to 7 percent by December and to 10 percent by the end of next year. (Reporting by MacDonald Dzirutwe; Editing by James Macharia)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below