AMI 28 April 2022: Disinflationary trend continues in Zambia

Zambia: Zambia’s Inflation rate for April was recorded at 11.5%y/y - 1.60ppt lower than the March print. The reduction can be attributed to reductions in both food and non-food categories which decelerated from 15.3% to 14.1% and 10.3% to 8.2% respectively over the same period. Inflation is at its lowest level since November 2019 on the back of base effects and currency appreciation which have outweighed rising global energy prices.

See omnystudio.com/listener for privacy information.