Industry in Zambia

Zambia Industry | Economic News & Forecasts

Zambia - Industry

The economy likely lost traction in the fourth quarter of 2018 following a robust third quarter. Exports contracted in Q4 for the first time in two years amid slowing global growth. Moreover, private sector activity appears to have deteriorated again in January, as the PMI remained in negative territory against the backdrop of higher fuel prices and a weak kwacha. In the political arena, as part of efforts to reduce public debt levels, the government announced plans to introduce a copper import duty, along with a royalty on copper production that rises with commodity prices. In addition, the nation’s state-owned electricity provider, in collaboration with the government, is planning a USD 500 million bond program to pay off debts owed to independent power suppliers.

Zambia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)3.9  1.9  0.2  2.5  -     

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Zambia Industry Chart

Zambia Industry
Note: Industrial production, annual variation in %.
Source: Central Statistical Office

Zambia Facts

Bond Yield26.000.0 %Feb 20
Exchange Rate11.960.0 %Feb 20
Stock Market0.10.0 %Feb 20

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