Inflation in Zambia

Zambia Inflation | Economic News & Forecasts

Zambia - Inflation

The economy slowed markedly in the final stretch of 2018, growing at the weakest pace in three years in the fourth quarter (Q4: +2.5% year-on-year; Q3: +5.6% yoy). A sharper downturn in agricultural, forestry and fishing activity, which contracted more than 30%, led the weakening. Moreover, the mining and quarrying sector lost steam for the third quarter running, as cooling growth in key trading partners—notably in China—led to a sizeable fall in the overseas sales of copper, swinging the current account to deficit in Q4. Turning to Q1 2019, the picture remained downbeat: Exports declined more markedly in the first two months, international reserves continued to fall on rising external debt servicing payments in January, while private sector activity, on the whole, seems to have contracted in the quarter.

Zambia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)7.0  7.8  10.1  17.9  6.6  

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Zambia Inflation Chart


Zambia Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Central Statistical Office

Zambia Facts

ValueChangeDate
Bond Yield29.000.0 %May 13
Exchange Rate13.230.0 %May 13
Stock Market0.10.0 %May 13

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