Inflation in Zambia

Zambia Inflation | Economic News & Forecasts

Zambia - Inflation

Growth slumped to a three-and-a-half-year low in the second quarter on a contraction in mining activity. Particularly, oversees demand for copper was soft, while energy output fell as the worst drought in a century severely curtailed output at the country’s all-important hydropower dams. Similar dynamics carried over into Q3, with exports falling more sharply and severe drought conditions persisting in the quarter. Turning to Q4, momentum seems to have weakened further. Rising concerns over the country’s fiscal and debt sustainability sparked a selloff of the kwacha, which fell to an all-time low in December. This bodes ill for both investment activity and consumer demand, amid soaring inflation and deteriorating sentiment. In a move to ensure macroeconomic stability, the Central Bank tightened its monetary policy stance in November and raised the reserve ratio for commercial banks in December.

Zambia - Inflation Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Zambia Inflation Chart

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

Zambia Facts

Bond Yield33.000.0 %Dec 31
Exchange Rate14.090.0 %Jan 01
Stock Market0.30.0 %Jan 06

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form