Zambia inflation quickens to 7.9 percent y/y in June

Zambia’s consumer inflation quickened to 7.9 percent year-on-year in June, compared with 7.8 percent in May, largely due to a rise in the prices of non-food items, the statistics office said on Thursday.

On a month-on-month basis, CPI slowed to 0.4 percent, from 0.9 percent in May.

Zambia recorded a trade surplus of 43 million kwacha in May, up from 29.2 million kwacha in April.

 

– Reuters