Consumer Price Index - The Zimbabwe Independent

Topic : Consumer Price Index

Ceteris Paribus: The rising inflation

The current situation, where ZiG prices rise in response to increasing US$ prices and US$ prices escalate to hedge against exchange losses, creates a precarious economic environment.

By Tinashe Duma Aug. 30, 2024

BoP and inflation: Feeding the fire

This reflects a month-on-month inflation rate of -2.4%, which typically indicates deflation. Meanwhile, the US$ CPI at 106.85 in May was up 0.1% against 106.76 in April.

By Tinashe Duma Jun. 7, 2024

Food poverty basket shoots to ZWL$400k

Prominent United States economist Steve Hanke recently revealed that the local currency has depreciated 95% against the US dollar since January 1, 2023.

By Priviledge Gumbodete Mar. 4, 2024

Is hyperinflation crisis back again?

Without decisive action, the country risks further economic deterioration and social unrest given a looming drought which is poised to further weigh down on the economy in the country and the region.

By Tinashe Duma Feb. 2, 2024

Zimbos sink deeper into poverty

The Zimdollar has lost more than a third of its value in January this year with the parallel market rate standing at US$1:ZWL$15 000.

By Sharon Buwerimwe Jan. 30, 2024

2023 a year of extreme exchange rate volatility

Realising that there was no way to implement the value for money programme as contractors kept on forward pricing, Treasury introduced a slew of new taxes, levies, and fees by the end of last month.

By Tafadzwa Mhlanga Dec. 21, 2023