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NewsDay

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Zimbabwe's Sept CPI inflation up at 4.3 pct y/y

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HARARE Oct 14 – Zimbabwe’s headline consumer inflation quickened to 4.3 percent year-on-year in September from 3.5 percent in August, Zimbabwe National Statistical Agency said on Friday. Zimstats figures showed increases in the prices of food, alcoholic and non-alcoholic beverages, as well as transport and communication were behind the jump in inflation. Utility charges, especially […]

HARARE Oct 14 – Zimbabwe’s headline consumer inflation quickened to 4.3 percent year-on-year in September from 3.5 percent in August, Zimbabwe National Statistical Agency said on Friday.

Zimstats figures showed increases in the prices of food, alcoholic and non-alcoholic beverages, as well as transport and communication were behind the jump in inflation.

Utility charges, especially electricity, also drove inflation higher after the state power utility raised prices by 31 percent in September. On a month-on-month basis, CPI accelerated to 0.8 percent from 0.1 percent in August. (Reporting by Nelson Banya; Editing by Phumza Macanda)