Trustworth Quality Bales 👚👖👗👕

Basa redu tinohodhesa mabhero, mabhero emhando yepamusoro nemutengo wakanaka. We have a good reputation and customer yatatanga kudealer nayo todealer in the long run because of customer loyalty. +263783405393

Open

Home Business

Zimbabwe Inflation Surges To 37.2% After ZiG Currency Devaluation

4 months agoSat, 26 Oct 2024 05:54:52 GMT

Zimbabwe Inflation Surges To 37.2% After ZiG Currency Devaluation

The ZWG (ZiG) inflation rate has surged to 37.2% month on month in October, the Zimbabwe National Statistics Agency (ZIMSTAT), announced on Friday.

This rise follows the rapid depreciation of the exchange rate, with the Reserve Bank of Zimbabwe (RBZ) devaluing the ZiG official rate by 43% in September.

Presenting the latest data Friday, ZIMSTAT Prices Statistics Manager, Thomas Chikadaya said:

The month-on-month inflation rate was 37.2 per cent in October 2024, gaining 31.4 percentage points on the September 2024 rate of 5.8 per cent.
This means that prices as measured by the all-items ZWG CPI, increased by an average of 37.2 percent between September 2024 and October 2024.
Click here: Pindula WhatsApp Channel
wa.me/channel/0029Vb4GVea90x2nCSDImS1b

In September, before the devaluation, consumer inflation was at 5.8% month on month in local currency terms.

The year-on-year inflation rate (annual percentage change) for the month of October 2024 as measured by the all-items USD Consumer Price Index (CPI), was 4.1 per cent.

More: Pindula News

Share to WhatsApp

20 Comments

Dhirihora · 4 months ago

Now going forward, munhu wose anohi John haafanigwi kuonekwa pedo ne leadership ye RBZ

007 · 4 months ago

muchayeuka ere Jonzo achitii chengedzai zig cz richanetsa kuona.. now I'm getting hz sense.. y shld we stress ourselves

Alby. · 4 months ago

SiGi is very strong it will soon stabilize its gold backed

Anonymous · 4 months ago

If we are talking about ZIG inflation....we haven't seen anything yet!!! USD prices in formal shops have also gone up - because of the exchange rate distortion. In my view, the only hope is to relegate the ZIG to the same place the previous local currencies have gone to. Needless to say, before that happens, we shall have to suffer some more!!

Gora · 4 months ago

ko sei nyika dze sadc dzichiramba kugamuchira Mari ya chairman.

Alby. · 4 months ago

kudherera chete

Onismo mafuta · 4 months ago

Pasi nemhandu

Political Police · 4 months ago

'Pane rimwe zi sound rekudonha raunoshaya kuti nderei. Unongozonzwa Zighi wobva waziva kuti hapana zvimwe kudonha chete. Zighi rekudonha harina parinoshanda muno munyika nekunze. Vari mukati vanenge vachiritiza vari kunze vachida kurinzwa nekuriona. ' Kubva mubkuku Zighi riri mufoni mangu. Bhuku rakanyorwa nagavhuna J. Mushayavanhu. THE ARRESTOR WILL BE ARRESTED!!!

Mushurugwi · 4 months ago

Zigiiii nyaudzosingwi kkk

Ratidzi · 4 months ago

Ko iro ZIG rakutobuda mugame tisati tamboriona here kuno kuUMP

makubvure · 4 months ago

kana kumuuraya

makubvure · 4 months ago

chamisa ngaafe ,,hurumende ngaione zvekuita na Chamisa afe cz zvaari kuita zvakashata

makubvure · 4 months ago

vana Chamisa ndima penzi kuenda kunokumbira ma sunctions ekuti Mari yemunyika medu isashande imba dzevanhu

IMF and WORLD BANK · 4 months ago

Go to Hell

Jonga · 4 months ago

Not Mr chamisa but zvirukonzerwa ne zanupf Chete

Jonga · 4 months ago

Zanupf well this rabish cash zig what is zig this guy mushayavanhu ndo mbavha manje mu homwe dzawo haumbofa vakaona ma zig acho ndeenyu

Sir African · 4 months ago

Some peopla are wholesome stu.pid because tha narative of sanctions they regurgitate makes no sense.No one asked for sanctions to be imposed on Zimbabwe .America has its policy which it follows. Chamisa or Zimbabwe cannot tell America what to do or not. Apart from that Zimbabwe is not on sanctions except Mnangagwa and his wife and few guys.For argument's let us believe Zimbabwe is on sanction why can you not burst the sanctions like the great Ian Smith did and his $1.00 was USD 2.00 and $1.00 was R5.00? Does it not there not confirm that the African is Sha.ll.ow and stu.pid and just good at having s.e.x and many children?

Political Analylist📌 · 4 months ago

Same Old ****

LTM · 4 months ago

zig harina kusiyana nemurume apinda mutoilet yevakadzi