Zambia's annual inflation rate edged down to 7.8 percent in February 2019 from 7.9 percent in the previous month. Prices slowed manly for food & non-alcoholic beverages (7.7% vs 8.2% in January), namely bread and cereals, meat products and vegetables including tomatoes, chinese cabbage, pumpkin leaves and fresh maize cob. Also, cost rose less for miscellaneous goods & services (6.4% vs 7.2%) and education (5.9% vs 7.6%) and recreation & culture (2.9% vs 3.6%). Conversely, inflation accelerated for housing & utilities (6.5% vs 6.0%); furnishings (6.1% vs 5.5%) and transport (20.7% vs 19%). On a monthly basis, consumer prices rose 0.7 percent, after a 1 percent increase in January. Inflation Rate in Zambia averaged 9.73 percent from 2005 until 2019, reaching an all time high of 22.90 percent in February of 2016 and a record low of 6 percent in December of 2011.

Inflation Rate in Zambia is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Zambia to stand at 7.50 in 12 months time. In the long-term, the Zambia Inflation Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Zambia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 08:15 AM Inflation Rate YoY 7.8% 8.3% 8.3%
2018-12-27 08:30 AM Inflation Rate YoY 7.9% 7.8% 8.5%
2019-01-31 08:10 AM Inflation Rate YoY 7.9% 7.9% 8%
2019-02-28 08:10 AM Inflation Rate YoY 7.8% 7.9% 7.7%
2019-03-29 08:20 AM Inflation Rate YoY 7.8% 7.5%
2019-04-26 08:20 AM Inflation Rate YoY
2019-05-31 08:25 AM Inflation Rate YoY


Zambia Prices Last Previous Highest Lowest Unit
Inflation Rate 7.80 7.90 22.90 6.00 percent [+]
Food Inflation 7.70 8.20 26.50 3.50 percent [+]
Inflation Rate Mom 0.70 1.00 6.20 -0.30 percent [+]
Cpi Housing Utilities 240.81 239.06 240.81 107.92 Index Points [+]
CPI Transportation 254.02 251.30 254.02 103.50 Index Points [+]
Consumer Price Index Cpi 220.87 219.27 220.87 82.70 Index Points [+]


Zambia Inflation Rate

In Zambia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Zambia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zambia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.80 7.90 22.90 6.00 2005 - 2019 percent Monthly




Country Last Previous
Argentina 50.70 Feb/19
Australia 1.80 Dec/18
Brazil 3.89 Feb/19
Canada 1.40 Jan/19
China 1.50 Feb/19
Euro Area 1.50 Feb/19
France 1.30 Feb/19
Germany 1.50 Feb/19
India 2.57 Feb/19
Indonesia 2.57 Feb/19
Italy 1.00 Feb/19
Japan 0.20 Jan/19
Mexico 3.94 Feb/19
Netherlands 2.60 Feb/19
Russia 5.20 Feb/19
Saudi Arabia -2.20 Feb/19
Singapore 0.40 Jan/19
South Africa 4.10 Feb/19
South Korea 0.50 Feb/19
Spain 1.10 Feb/19
Switzerland 0.60 Feb/19
Turkey 19.67 Feb/19
United Kingdom 1.90 Feb/19
United States 1.50 Feb/19


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