Monthly inflation rates were still being published. ZimStat director-general Mr Taguma Mahonde yesterday said the organisation was ready to release data on year-on-year inflation. “In February 2019, the Government of Zimbabwe introduced the RTGS dollar at an exchange rate of US$1:2,5RTGS,” he said. The Reserve Bank of Zimbabwe kept unchanged its overnight lending rate at 35% during its January meeting, amid signs that inflation is beginning to stabilize. Policymakers noted that monthly inflation has been on a downward trajectory since October and ended 2019 at 16.55%, near the bank's target of 15%; and it is expected to continue Exchange Rates in Zimbabwe, Interbank Rates Zimbabwe, RTGS to USD | Zim Dollar ZWD to USD Zimbabwe Inflation skyrockets View Recieve monthly economic reports sent to your email. Subscribe. Terms and Conditions. USD-ZWD RTGS (Buy) The July 2018 inflation rate in Zimbabwe was officially 4.3% (up from 2.9% in June). In June 2019, the official inflation rate was 97.9%. Demonetization. In June 2015, the Reserve Bank of Zimbabwe said it would begin a process to "demonetize" (i.e., to officially value a fiat currency at zero).
Monthly inflation rates were still being published. ZimStat director-general Mr Taguma Mahonde yesterday said the organisation was ready to release data on year-on-year inflation. “In February 2019, the Government of Zimbabwe introduced the RTGS dollar at an exchange rate of US$1:2,5RTGS,” he said. The Reserve Bank of Zimbabwe kept unchanged its overnight lending rate at 35% during its January meeting, amid signs that inflation is beginning to stabilize. Policymakers noted that monthly inflation has been on a downward trajectory since October and ended 2019 at 16.55%, near the bank's target of 15%; and it is expected to continue
7 Dec 2019 Facts and statistics about the Inflation rate (consumer prices) of Zimbabwe. Updated as of 2019. 20 Dec 2019 However, the publication of month-on-month inflation made it possible index; and The cumulative inflation rate over three years approaches,
13 Nov 2008 based on exchange rate movements and accurate market data. Its latest calculation puts Zimbabwe's inflation at 13.2 billion per cent a month 14 Feb 2011 Reaching a monthly inflation rate of approximately 29,500 percent in October power parity) to determine Zimbabwe's worst rates of inflation. The month on month inflation rate in November. 2019 was 17.46 percent shedding 21.29 percentage points on the October 2019 rate of 38.75 percent. The inflation rate in Zimbabwe was recorded at 288.50 percent in August of 2019 as food prices surged more than 390 percent. This year the country was struck by two powerful cyclones that damaged farmland and severe dry season which decimated the grain harvest. Inflation Rate in Zimbabwe averaged 10.80 percent from 2009 Zimbabwe’s monthly inflation rate more than doubled in October as food costs surged, bringing the nation closer to a new bout of hyperinflation. Monthly inflation accelerated to 38.8% from 17.7% Zimbabwe Monthly Inflation Rate at 6-Month Low of 17.5% Zimbabwe's month-on-month inflation rate fell to 17.50 percent in November 2019, its lowest level since May, from 38.75 percent in the previous month.
14 Feb 2011 Reaching a monthly inflation rate of approximately 29,500 percent in October power parity) to determine Zimbabwe's worst rates of inflation. The month on month inflation rate in November. 2019 was 17.46 percent shedding 21.29 percentage points on the October 2019 rate of 38.75 percent.