ECONOMC INDICATORS

Trade deficit widens to US$718m despite 15% rise in export earnings for August

According to the latest Zimstat statistics, Zimbabwe's 2019 trade deficit widened to US$718 million at the end of August, although the monthly deficit fell by 33% to US$39 million from US$58 million i...

By Staff reporter | Published: 14 October 2019

ECONOMC INDICATORS

'Zimbabwe targets single digit inflation'

THE economy is projected to grow by 4,6 percent next year, building on the ongoing reform initiatives and broader positive assumptions in the domestic sector and favourable global trade indicators, ac...

By Staff reporter | Published: 10 October 2019

ECONOMC INDICATORS

Mnangagwa's RTGS$ hits new low

Zimbabwe's interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a ...

By Reuters | Published: 20 June 2019

ECONOMC INDICATORS

Zimbabwe official inflation figures disputed

RENOWNED United States economist and currency expert Steve Hanke has disputed the latest official inflation figures released by government this week.Hanke, who had previously volunteered to advice Pre...

By Staff reporter | Published: 20 June 2019

ECONOMC INDICATORS

'Zimbabwe inflation to shoot up to 280% by year-end'

INFLATION could end the year around 280% and may rise to stratospheric levels thereafter if a new currency is introduced without preceding macro-economic fundamentals, a local research firm has said.Y...

By Staff reporter | Published: 14 June 2019

ECONOMC INDICATORS

Zimbabwe annual inflation rate surges to 236%

Renowned United States economist and currency expert Steve Hanke says Zimbabwe's annual inflation rate is at 236 percent, much higher than the official figure of 42,09 percent published by Zimbabwe Na...

By Staff reporter | Published: 19 January 2019

ECONOMC INDICATORS

October trade deficit down 37,5%

THE country's month-on-month trade deficit for October declined by 37,5 percent to $144,3 million from $230,9 million in September, official figures from the Zimbabwe National Statistics Agency (Zimst...

By Staff reporter | Published: 28 November 2018

ECONOMC INDICATORS

Zimbabwe inflation rate is currently 69,9%, says US economist

RENOWNED United States economist Steve Hanke says Zimbabwe's annual inflation rate is 69,9%, much higher than the official figure of 4,83%."At present, Zimbabwe's annual inflation rate, by my measure,...

By staff reporter | Published: 30 September 2018

ECONOMC INDICATORS

Imports rise 26%, forex pressures worsen

ZIMBABWE'S import bill rose 26% in the six months to July 31 this year, driven by firming demand for fuel and food.Data for January is missing.The growing import pressures also saw the country's trade...

By Staff reporter | Published: 12 September 2018

ECONOMC INDICATORS

'Zim GDP growth to go up by 15% next year'

Zimbabwe's economy will register a significant Gross Domestic Product (GDP) growth of 6,5% this year, before shooting to 15% next year, should next week's elections be credible, with a clear winner, a...

By Staff reporter | Published: 27 July 2018

ECONOMC INDICATORS

Inflation rises marginally

YEAR-on-year inflation rose marginally to 2,91 percent last month after gaining 0,20 percentage points from May, data from the Zimbabwe National Statistics Agency (Zimstat) shows.Zimstat indicated tha...

By Staff reporter | Published: 24 July 2018

ECONOMC INDICATORS

Zimbabwe inflation rate hits 2,91%

Zimbabwe's annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. "This means th...

By Staff reporter | Published: 18 July 2018

ECONOMC INDICATORS

Zimbabwe inflation remains constant at 2.71%

ZIMBABWE's year-on-year inflation remained constant at 2,71 percent in May, official data from the Zimbabwe National Statistics Agency (Zimstat) shows.The month-on-month inflation rate was at 0,05 per...

By Staff reporter | Published: 19 June 2018

ECONOMC INDICATORS

Falling SA rand hammers ailing Zimbabwe

THE alarming fall of the South African rand against major currencies - over the past few months - is likely to hit Zimbabwe's ailing economy hard.Although Harare continues to resist local industry's i...

By Staff reporter | Published: 15 June 2018

ECONOMC INDICATORS

Zimbabwe exports up 46%

ZIMBABWE's exports increased by 46 percent to $329,6 million in the first four months of the year compared to $225,6 million during the comparable period last year, official trade figures show.The imp...

By Staff reporter | Published: 15 May 2018

ECONOMC INDICATORS

IMF reviews Zimbabwe's economic growth rate

The International Monetary Fund has reviewed Zimbabwe's economic growth rate for this year and sees growth picking up next year as the country moves away from the difficult period it has been going th...

By Staff reporter | Published: 23 April 2018

ECONOMC INDICATORS

Annual inflation rate now 3.52%

Zimbabwe's annual rate of inflation gained 0,6 percentage points in December 2017 to 3,52 percent in January 2018, latest official data shows, partly driven by the 2018 back to school spending.The Zim...

By Staff reporter | Published: 20 March 2018

ECONOMC INDICATORS

Inflation declines, experts query data

THE year-on-year inflation rate for the month of February stood at 2,98%, after shedding 0,54 percentage points on the January figure, the country's statistical agency has said.In January, annual infl...

By Staff reporter | Published: 19 March 2018

ECONOMC INDICATORS

Zimbabwe inflation declines to 2.98%

Zimbabwe’s inflation rate for the month of February shed 0.54 percent to settle at 2.98 percent compared to the January inflation rate of 3.52 percent, official statistics show.The Zimbabwe National...

By Staff reporter | Published: 15 March 2018

ECONOMC INDICATORS

Inflation rises to 3.52%

ZIMBABWE's year-on-year inflation gained 0.06 percentage points last month to 3.52 percent from the December 2017 rate of 3.46 percent, official statistics show.The Zimbabwe National Statistics Agency...

By Staff reporter | Published: 19 February 2018

ECONOMC INDICATORS

Zimbabwe inflation hits 5-year high

ZIMBABWE'S national statistics agency this week moved to defend official inflation data following criticism that its figures seemed to understate resurgent price increases largely driven by an acute f...

By Staff reporter | Published: 18 January 2018

ECONOMC INDICATORS

Inflation stands at 3%

ZIMBABWE'S year-on year inflation rate closed 2017 at 3.46 percent gaining 0.49 percentage points on the November rate of 2.97 percent, official figures show.This means that prices as measured by the ...

By Staff reporter | Published: 17 January 2018

ECONOMC INDICATORS

Zim inflation to reach double digit in 14 months

Zimbabwe's annual inflation gained 0.64 percent in September to 0.78 percent from 0.14 percent is projected to close the year 2018 at levels between 10 and 99 percent, the Parliament Budget Office (PB...

By Staff reporter | Published: 18 October 2017

ECONOMC INDICATORS

September inflation at 0.78%

The country's annual inflation for September stood at 0.78 percent, gaining 0.64 percent on the August 2017 rate of 0.14 percent, the Zimbabwe National Statistical Agency (ZimStats) has announced toda...

By Staff reporter | Published: 16 October 2017

ECONOMC INDICATORS

RBZ insists inflation will close year at 3%

RESERVE Bank of Zimbabwe governor, John Mangudya, says year-on-year inflation will continue on an upward trajectory, but end the year at three percent.Price increases have intensified over the past fe...

By Staff reporter | Published: 28 September 2017
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