Zimbabwe annual inflation to fall by as much as 15 pct by end of year – John Mangudya

March 11, 2019
Governor John Mangudya | Report Focus News
Governor John Mangudya

 Zimbabwe’s average annual inflation should fall to between 10 and 15 percent after it reached its highest level in a decade in January, central bank governor John Mangudya said on Monday.

Year-on-year inflation accelerated to 56.9 percent in January from 42.09 percent in December, propelled by increases in the price of basic goods and beer. (Reporting by MacDonald Dzirutwe; Editing by Toby Chopra)