All NewsNews

Inflation soars to nearly 300pc: IMF

© Zimbabwe’s annual inflation rate soared to nearly 300 percent in August, spurred mainly by a collapsing currency, the International Monetary Fund (IMF) said yesterday after a mission to the crisis-weary country. [GoogleAd] In a statement, the IMF said year-on-year inflation “reached almost 300 percent in August”. The local currency has fallen from parity against…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions