Inflation shoots to 4,3% year-on-year

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The country’s year-on-year inflation surged to 4,3% in September up from 3,5% in August, latest figures from the Zimbabwe National Statistical Agency (Zimstats) have shown.

According to the statistics, the Consumer Price Index gained 0,8 percentage points on the August figures.

The inflation was pushed up by increases in the prices of food, alcoholic and non-alcoholic beverages, transport and communication.

“The month-on-month food and non-alcoholic beverages inflation stood at 0,50% in September, gaining 0,52 percentage points on the August rate of -0,02%. The month-on-month non-food inflation stood at 1%, gaining 0,81 percentage points on the August rate of 0,19%,” Zimstats said.