Economics
Zambia Inflation Quickens for the First Time in Four Months
- Annual consumer inflation rates rose to 15.7% in September
- GDP contracted by 2.1% in second quarter: statistics office
A vendor waits for customers at a market in Harare.
Photographer: Cynthia R Matonhodze/Bloomberg
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Zambian inflation quickened for the first time in four months in September.
Consumer prices rose 15.7% from a year earlier, compared with 15.5% in August, Mulenga Musepa, the interim statistician general at the Zambia Statistics Agency, told reporters Thursday in Lusaka, the capital. Costs increased 1.4% in the month.