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.

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Zimbabwe Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-03-28 01:00 PM Mar 72.7% 66.1% 63%
2022-04-26 04:00 PM Apr 96.4% 72.7% 76%
2022-05-26 10:00 AM May 96.4%


Related Last Previous Unit Reference
Inflation Rate 96.40 72.70 percent Apr 2022
Food Inflation 104.00 75.10 percent Apr 2022
Inflation Rate Mom 15.50 6.31 percent Apr 2022
CPI Transportation 5380.80 4766.70 points Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
96.40 72.70 837.53 -7.50 2009 - 2022 percent Monthly
2019M2=100, NSA

News Stream
Zimbabwe Inflation Rate Hits 9-Month High
Zimbabwe’s annual consumer price inflation climbed to 72.7% in March of 2022, from 66.1% in the prior month, reaching its highest point since last June. Main upward pressure came from transportation (84.2% vs 66.6% in February) and food (75.1% vs 69.3%), as rising fuel and bread prices have triggered a wave of price hikes of basic commodities around the country. Zimbabwe’s annual inflation has been gradually rising since September last year, with monetary authorities attributing this to the parallel exchange rates pass-through effect on domestic inflation witnessed toward the end of last year. On a monthly basis, consumer prices advanced 6.6%, following a 7% rise in the previous month.
2022-03-28
Zimbabwe Inflation Rate Quickens to 6-Month High
Zimbabwe’s annual consumer price inflation surged to 60.7% in December of 2021, from 58.4% in November. That was the highest inflation rate since June, even though the central bank raised in October its main lending rate to 60% in an attempt to tame that increase and to stabilize the free-falling Zimbabwe dollar. On a monthly basis, consumer prices went up 5.76%, almost the same as previous month.
2021-12-24
Zimbabwe Inflation Rate Quickens to 5-Month High
Zimbabwe's annual consumer price inflation climbed for the third straight month to 58.4% in November of 2021, from 54.5% in October. That was the highest inflation rate since June, even despite the central bank raised in October its main lending rate to 60% in an attempt to tame that increase and to stabilize the free-falling Zimbabwe dollar. On a monthly basis, consumer prices went up 5.8%, following a 6.4% rise in the previous month. Finance and Economic Development minister Mthuli Ncube said recently the economy is witnessing inflationary pressures emanating from benchmarking or indexation of prices of goods and services at parallel market exchange rates, as well as from rocketing international food and oil prices.
2021-11-25