The Zimbabwe Gold (ZiG) monthly inflation was 11.7% in November, slower than the 37.2% in October, figures released by the Zimbabwe Statistics Agency (ZimStat) have shown.
According to the Agency, October rate had risen sharply because of the effects of the devaluation in late September.
In USD tems, November annual inflation was 3.3% from 4.1% last month.
Monthly USD inflation was 0.1%, 0.6 percentage points lower than October.
The strong link between fiscal deficit and money growth in Zimbabwe, especially since 1997 suggests that over-expansionary fiscal policy is often at the heart of hyperinflationary trend in the country.
Thus high fiscal deficits produce rapid money growth, which results in high rates of hyperinflation.
Zwnews
Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More
For years, our platform has been your trusted destination for breaking football news, match updates,… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More
Cars for sale in Lesotho are now easily available to consumers with different budgets. Moreover,… Read More
The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More
Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More