via Zimbabwe slides into deflation | The Source March 14, 2014
Zimbabwe’s annuallised inflation for February eased to -0.49 percent from 0.41 percent in January, the Zimbabwe National Statistics Agency (ZIMSTAT) said on Friday, confirming that the country was in deflation.
Month on Month inflation rate in Feb was 0.05 percent, compared to 0.14 percent in Jan, Zimstat said.
Zimbabwe’s slide into deflation was expected as a result of shrinking economic activity, deepening the gloomy outlook and analysts say this would make recovery difficult.
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