The annual inflation rate in Zimbabwe was 540.2 percent in February of 2020, amid a weak exchange rate and food shortages caused by drought. This month, the country's statistical office resumed publishing annual consumer price data it suspended last year. On a monthly basis, consumer prices inched up 13.52 percent, after increasing 2.23 percent in the previous month.
Inflation Rate in Zimbabwe averaged 30.69 percent from 2009 until 2020, reaching an all time high of 540.16 percent in February of 2020 and a record low of -7.50 percent in December of 2009. This page provides the latest reported value for - Zimbabwe Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.
Inflation Rate in Zimbabwe is expected to be 680.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Zimbabwe to stand at 80.00 in 12 months time. In the long-term, the Zimbabwe Inflation Rate is projected to trend around 45.00 percent in 2021 and 30.00 percent in 2022, according to our econometric models.