via Zimbabwe inflation eases to 0.15 percent in August: Zimstats | Reuters 15 September 2014
HARARE (Reuters) – Zimbabwe’s inflation eased to 0.15 percent year-on-year in August from 0.31 percent year-on-year in July, the official statistics agency Zimstats said on Monday.
On a month-on-month basis, CPI stood at -0.31 percent from 0.01 percent in July.
COMMENTS
The government has fixed this by increasing taxes and duties
Please will you all get this right: first time maybe! NOTHING in Zimbabwe has eased!
This is nothing to celebrate. Inflation has eased because there is no activity in the economy – no demand for goods and services because buyers can’t pay. There is deflation on many goods from the shops.
Ok what a load of absolute rubbish ,let’s see by next month what happens after this ridiculous tax increase across the board.What the government doesn’t realize is the money has dried up people can not keep up with the cost of living any more ,it is about introducing descent policies and it is time the govt started tightening its belt big time.And when given good advise should follow it immediately .