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.

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Zimbabwe Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
540.16 175.66 540.16 -7.50 2009 - 2020 percent Monthly
2019M2=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 08:40 AM Apr 75.86% 66.8% 68%
2019-06-17 07:00 AM May 97.85% 75.86% 90%
2019-07-15 07:45 AM Jun 175.66% 97.85% 99%
2020-03-16 07:00 AM Feb 540.16% 175.66% 380%
2020-04-15 08:00 AM Mar 540.16% 680%
2020-05-15 08:00 AM Apr
2020-06-15 08:00 AM May
2020-07-15 08:00 AM Jun 285%


News Stream
Zimbabwe Inflation Rate at 540% in February
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.
2020-03-16
Zimbabwe Inflation Rate Surges to 288% in August
The inflation rate in Zimbabwe was recorded at 288.50 percent in August of 2019 as food prices surged more than 390 percent. This year the country was struck by two powerful cyclones that damaged farmland and severe dry season which decimated the grain harvest.
2019-10-08
Zimbabwe Inflation Rate Hits New Decade High
The annual inflation rate in Zimbabwe jumped to 175.66 percent in June 2019 from 97.85 percent in the previous month. It was the highest inflation rate since series began in December 2009, due to a general rise in prices, in particular fuel costs. The Zimbabwe government has hiked fuel prices several times in 2019, starting with a 150 percent increase in January amid persistent fuel shortages and the country's worst economic crisis in a decade. On a monthly basis, consumer prices soared 39.26 percent, also the sharpest advance since at least 2009.
2019-07-15
Zimbabwe Inflation Rate at Decade High of 97.9% in May
The annual inflation rate in Zimbabwe jumped to 97.85 percent in May of 2019 from 75.86 percent in the previous month. It was the highest inflation rate since series began in December of 2009, due to a general rise in prices, in particular fuel prices which were raised near 50 percent during the month. Headline inflation has been on an upward trend since last October, as Zimbabweans face shortages of food, fuel and foreign currency. On a monthly basis, consumer prices soared 12.5 percent, up from a 5.5 percent gain in the prior month.
2019-06-17

Zimbabwe Inflation Rate
In Zimbabwe, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (31.3 percent of total weight); Housing and Utilities (27.6 percent); Transport (8.4 percent) and Miscellaneous Goods and Services (6.5 percent). Others include: Household Contents, Equipment and Maintenance (5.3 percent); Alcoholic Beverages and Tobacco (4.9 percent); Clothing and Footwear (4.3 percent) and Education (4.3 percent). Communication, Recreation and Culture, Health and Restaurants and Hotels account for the remaining 7.5 percent of total weight.