December inflation rises to 4%, matching estimates

2020-01-22 11:05

South Africa’s inflation remained well below the midpoint of the central bank’s target range in December.

Zim inflation sheds over 21 percentage points in November

2019-12-17 20:33

Zimbabwe's monthly inflation stood at 17.46% in November, shedding 21.29 percentage points on the October 2019 rate of 38.75%, according to ZimStat.

Annual consumer price inflation at lowest level in 9 years

2019-12-11 12:04

Economist Mike Schussler says low inflation is starting to affect the economy, as businesses such as retailers can't afford to increase prices even if their inputs go up.

Zim monthly inflation more than doubles since September

2019-11-19 05:00

According to figures released Friday by Zimstats, month-on-month inflation for October came out at 38.75%, more than double its September level of 17.72%.

September inflation cools to 4.1%, but bread, electricity show large rises

2019-10-23 10:39

The costs of bread and cereals rose by 8.5%.

Zimbabwe quadruples electricity prices amid daily blackouts

2019-10-09 20:38

The country is experiencing its worst economic crisis in a decade, recalling days of hyperinflation under Robert Mugabe.

Interest rates left unchanged despite the Reserve Bank's gloomier growth forecasts for 2020

2019-09-19 15:11

Kganyago noted that economic activity remains weak.

Reserve Bank will likely hold off on rate cut, despite easing inflation - economists

2019-08-21 16:57

Inflation for July eased to 4%. However, the SA Reserve Bank is likely to maintain a cautious stance before deciding to implement a rate cut, given the risk of a rating downgrade which still looms large.

Much ado about new Zim dollar notes

2019-08-20 20:05

A top business body, the Zimbabwe National Chamber of Commerce, said on Tuesday industry was ready for the new bank notes Finance Minister Mthuli Ncube says will be introduced soon - although a top economist argues that the struggling southern African country is not yet ready for a substantive currency of its own.

Zimbabwe's y/y inflation won't be published till February

2019-08-01 19:50

Zimbabwe will defer publication of year-on-year inflation until February next year due to the change in the currency regime, Finance Minister Mthuli Ncube told Parliament on Thursday.


Don't rule out another rate cut in 2020 - economists

2020-01-19 11:00

The Reserve Bank's quarterly projection model signals two repo rate cuts of 25 basis points in 2020. However, this is a broad policy guideline which could change.

Pressure on consumers persists as retail data underwhelms – economists

2019-12-11 22:00

Retail sales for October lifted only slightly by 0.3%, showing that unemployment, low wage growth and indebtedness continued to undermine consumers’ appetite.

Consumer price inflation falls to lowest rate since 2011

2019-11-20 10:09

CPI, which measures changes in prices for a range of consumer products, was 3.7% in October,

Burned by last crisis, Zimbabweans seek to shelter their savings

2019-11-09 07:30

Hyperinflation wiped out pensions a decade ago, but this time around, savers and fund managers are getting savvier.

It's official: Hyperinflation has returned to Zimbabwe

2019-10-12 13:40

Zimbabwe is now a hyperinflation economy, according to the Public Accountants and Auditors Board, which is mandated to regulate auditing and accounting standards in the southern African country.

Fruit, cheese, and especially maize meal are all a lot more expensive – but at least offal and giblets are cheaper than last year

2019-09-20 13:45

A monthly consumer food basket tracked by the National Agricultural Marketing Council shows average year-on-year inflation of 4.1% – but the prices of some types of food rocketed far beyond that.

UK inflation rate falls to lowest since 2016 on clothes

2019-09-18 11:35

UK inflation has fallen to its lowest rate since the end of 2016, driven down by the price of computer games and clothing.

July consumer price inflation drops to 4%

2019-08-21 10:07

This is slightly lower than the projections of analysts, and within the target range of between 3% and 6% set by the SA Reserve Bank.

ANALYSIS: Zimbabwe at 'tipping point' with 'wheels coming off'

2019-08-04 12:37

Zimbabwe’s finance minister responded to the country’s worsening economic crisis last week by blacking out inflation statistics for the next six months, boosting the price of the little power that’s available five-fold and admitting what the International Monetary Fund told him in April: the economy will contact for the first time since 2008.

Producer electricity costs climb 30% in June as winter tariffs kick in

2019-07-27 08:39

The average cost of electricity for producers jumped by more than 30% in June as winter tariffs set in, an annual occurrence, according to Stats SA.

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