Zambia’s inflation rate slows down to 21.3 %

8 months ago
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Zambia

Zambia’s inflation slowed to 21.3 percent in May from 21.8 percent year-on-year in April.

The central statistical office on Thursday attributed decreases in food prices to the fall.

Zambian President, Edgar Lungu

Zambian President, Edgar Lungu

The monthly inflation rate fell to 0.2 percent from 0.3 percent in April according to the statistics agency.

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