Zimbabwe's Month on Month Inflation on the Rise

[Bulls n Bears]

 <mailto:info at bulls.co.zw> 


 <https://www.cbz.co.zw/> Zimbabwe's Month on Month Inflation on the Rise

 

Harare- The month on month inflation rate in August was 4.18% gaining 1.62
percentage points on the July rate of 2.56%. The increase is not a surprise
given the depreciation of the local currency on the alternative market for
forex, a trend that has continued till now.

 

The year on year inflation rate (annual percentage change) for the month of
August as measured by the all items Consumer Price Index stood at 50.24%
compared to July y/y rate of 56.37%.

 

The gains that had been seen on the inflation front face existential threat
from aggressive move of the parallel rate which is now approaching an 80%
premium to official interbank rate.

 

It remains to be seen whether the SDRs release will help ease the gap.

 

 

 

 

 

 

 

 

 

Invest Wisely!

 

Bulls n Bears 

 

Telephone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674 | +27 71 544
4769

Alt. Email:       <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:         <http://www.bullszimbabwe.com> www.bullszimbabwe.com  

Blog:             www. <https://bullszimbabwe.com/category/blogs/>
bullszimbabwe.com/category/blogs/ 

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe

Skype:           Bulls.Bears 



 

 

 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210826/78dd65be/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 483528 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210826/78dd65be/attachment-0002.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 26462 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210826/78dd65be/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.png
Type: image/png
Size: 27449 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210826/78dd65be/attachment-0001.png>