Zimbabwe's month-on-month inflation rate dropped to 18.07 percent in August 2019 from 21.04 percent in July, as prices slowed for food & non-alcoholic beverages (18.6 percent vs 19.9 percent in July) and miscellaneous goods & services (18.8% vs 39.8%). In contrast, cost continued to advance for housing & utilities (13.7% vs 9.1%), amid an increase in electricity tariffs to support the power utility company ZESA Holdings and reduce rolling blackouts in the country. Also, inflation was higher for transport (32.6% vs 26.4%), as prices of petrol and diesel were hiked four times during the month. The government has suspended the publication of year-on-year inflation figures until February 2020 following the adoption of a new currency. The Reserve Bank of Zimbabwe hiked its overnight lending rate to 70 percent on September 13th, 2019, from 50 percent and introduced foreign currency savings bonds, to curb rising inflation and support the local currency. Inflation Rate Mom in Zimbabwe averaged 1.07 percent from 2009 until 2019, reaching an all time high of 39.26 percent in June of 2019 and a record low of -3 percent in February of 2009.

Zimbabwe Inflation Rate MoM
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-08-21 10:00 AM Inflation Rate MoM Jul 21.04% 39.26%
2019-09-16 01:10 PM Inflation Rate MoM Aug 18.07% 21.04% 18%
2019-10-21 10:00 AM Inflation Rate MoM Sep 18.07% 24%
2019-11-22 10:00 AM Inflation Rate MoM Oct 20%
2019-12-20 10:00 AM Inflation Rate MoM Nov 26%


Zimbabwe Prices Last Previous Highest Lowest Unit
Inflation Rate 288.50 230.54 288.50 -7.50 percent [+]
Food Inflation 393.12 318.75 353131459.30 -15.10 percent [+]
Inflation Rate Mom 18.07 21.04 39.26 -3.00 percent [+]
Cpi Housing Utilities 154.80 136.20 154.80 63.20 Index Points [+]
CPI Transportation 294.60 222.10 294.60 36.30 Index Points [+]
Consumer Price Index Cpi 246.70 208.90 246.70 54.90 Index Points [+]


Zimbabwe Inflation Rate MoM

Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Zimbabwe Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Zimbabwe Inflation Rate MoM - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18.07 21.04 39.26 -3.00 2009 - 2019 percent Monthly
2012M12=100, NSA




Country Last Previous
Argentina 4.00 Aug/19
Turkey 0.86 Aug/19
China 0.70 Aug/19
Australia 0.60 Jun/19
France 0.50 Aug/19
India 0.49 Aug/19
Italy 0.40 Aug/19
Netherlands 0.40 Aug/19
United Kingdom 0.40 Aug/19
South Africa 0.30 Aug/19
South Korea 0.20 Aug/19
Indonesia 0.12 Aug/19
Brazil 0.11 Aug/19
Euro Area 0.10 Aug/19
Saudi Arabia 0.10 Jul/19
United States 0.10 Aug/19
Japan 0.00 Aug/19
Switzerland 0.00 Aug/19
Mexico -0.02 Aug/19
Canada -0.10 Aug/19
Spain -0.10 Aug/19
Germany -0.20 Aug/19
Russia -0.20 Aug/19
Singapore -0.40 Jul/19


Related

Latest