US EditionZimbabwe’s Inflation Set to Drop Amid Stable Currency and Gold Boom
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Zimbabwe’s inflation set to drop amid stable currency and gold boom
A general view of commuters in the capital Harare, Zimbabwe, April 1, 2025. REUTERS/Philimon Bulawayo Purchase Licensing Rights, opens new tab Annual inflation in Zimbabwe measured in the Zimbabwe Gold (ZiG) currency fell sharply to 32.7% in October from 82.7% in September, the CZI said. The organization expects inflation to decline further, potentially reaching between 15% and 20% by December 2025. This projection is attributed to negative mo…
Zimbabwe's inflation set to drop amid stable currency and gold boom
Source: Zimbabwe’s inflation set to drop amid stable currency and gold boom | Reuters A general view of commuters in the capital Harare, Zimbabwe, April 1, 2025. REUTERS/Philimon Bulawayo Purchase Licensing Rights, opens new tab HARARE (Reuters) – Zimbabwe’s annual inflation rate could halve from current levels by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the Confederation of Zimb…
The Zimbabwean economy could experience a lull on the price front by the end of 2025. According to a report released this Monday, November 3, by the Confederation of Industries of Zimbabwe (CZI), the annual inflation rate, measured in Zimbabwe Gold (ZiG), could be halved due to the restored stability of the local currency and the...
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