Source: Zimbabwe March inflation jumps to 676.39% y/y – Zimstat – Reuters
People queue to pay for goods at a supermarket ahead of a nationwide 21-day lockdown called by the government to limit the spread of coronavirus disease (COVID-19) in Harare, Zimbabwe, March 28, 2020. REUTERS/Philimon Bulawayo
HARARE (Reuters) – Zimbabwe’s inflation rate jumped to 676.39% year-on-year in March from 540.16% the previous month, statistical agency Zimstat said on Tuesday.
On a month-on-month basis, inflation increased to 26.59% during the same period compared to 13.52% in Februay, said Zimstat.
COMMENTS
926% – ZW inflation as reported by Professor Steve Hanke on 15 April 2020.