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Zimbabwe February inflation at 321.59% y/y – Zimstats

Compared to 362.63% the previous month.
Image: REUTERS/Philimon Bulawayo

Zimbabwe’s inflation rate stood at 321.59% year-on-year in February compared to 362.63% the previous month, national statistics agency Zimstats said on Thursday.

On a month-on-month basis, prices increased by 3.45% compared to 5.43% during the same period.

The central bank has forecast annual inflation will end the year below 10%, which economic analysts say is too optimistic.

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Don’t be worried Zimbabwe – you all have land!

Hilarious. Should send the EFF there but the problem is that everything has already been squandered. A true example of the vote being worthless-some food, medical treatment, housing and education was there…but Ian Smith ran the place not Bob and his Successor!

I wonder if the great military organisation called Zanu PF asks whether the fight for liberation achieved its intended purposes. A social paradise for all?

End of comments.

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