Latest data by the Zimbabwe Statistics Agency (ZimStat) shows a big jump in inflation for January 2025.
Zimbabwe Gold (ZiG) monthly inflation was 10.5% in January, up 6.8 percentage points from December 2024.
According to the data, the biggest price increases came from rentals and utilities, followed by food
USD annual inflation rose from 2.5% in December to 14.6%, driven mostly by food and non-alcoholic drinks prices.
According to Trade Economics, Zimbabwe’s monthly consumer inflation indeed climbed to 10.5% in January 2025, a sharp increase from a four-month low of 3.7% in the prior month.
The spike is largely attributed to the depreciation of the country’s gold-backed local currency, the ZIG.
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