Published: 2 hours ago

Zimbabwe's annual inflation rate in United States dollar terms rose to 2.8 percent in May, up from 2.2 percent recorded in April, according to the latest figures released by the Zimbabwe National Statistics Agency (ZIMSTAT).

The increase means prices, as measured by the all-items US dollar Consumer Price Index (CPI), rose by an average of 2.8 percent between May 2025 and May 2026.

ZIMSTAT said the US dollar CPI stood at 125.19 in May, compared to 124.76 in April and 121.76 during the same period last year.

"The USD month-on-month inflation rate for May was 0.3 percent shedding 0.8 percentage points on the April rate of 1.1 percent.

"This means that prices as measured by the all items USD CPI increased by an average rate of 0.3 percent from April 2026 to May 2026," the agency said.

On a month-on-month basis, inflation slowed to 0.3 percent in May from 1.1 percent in April, reflecting a decline of 0.8 percentage points.

Food and non-alcoholic beverages inflation remained unchanged at 0.8 percent during the month under review, while non-food inflation eased sharply to 0.1 percent from 1.2 percent in April.

ZIMSTAT also reported that the average month-on-month inflation rate between January and May this year stood at 0.3 percent, an improvement from the 1.0 percent average recorded throughout 2025.

According to the agency, price data used to compile the latest inflation report was collected between May 12 and May 18, meaning the figures reflect price movements during that period.
- NewZiana

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