The annual inflation rate in Zimbabwe climbed to 96.4% in April of 2022, from 72.7% in March, reaching the highest since last June. Main upward pressure came from prices of transportation (106.1% vs 84.3% in March), of which fuels and food (104% vs 75.1%), as Russia’s invasion of Ukraine has led to bread prices soaring in importing countries like Zimbabwe. On a monthly basis, consumer prices jumped 15.5%, the most since July of 2020. source: Reserve Bank of Zimbabwe
Inflation Rate in Zimbabwe averaged 80.08 percent from 2009 until 2022, reaching an all time high of 837.53 percent in July 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 May of 2022.
Inflation Rate in Zimbabwe is expected to be 95.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Inflation Rate is projected to trend around 50.00 percent in 2023 and 30.00 percent in 2024, according to our econometric models.