Inflation Rate in Zimbabwe increased to 95.80 percent in July from 92.50 percent in June of 2025. This dataset provides the latest reported value for - Zimbabwe Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation in Zimbabwe rose to 10.61 percent in 2018, and is projected to jump dramatically to 736.11 percent in 2024. After that, estimates predict a slow decline for now - however, given Zimbabwe’s history of poor monetary policy, including one of the worst instances of hyperinflation, this seems unrealistic. Inflation history Inflation depends significantly on economic expectations of it, making it hard to reduce inflation once it has hit higher levels. This happened in Zimbabwe in the years approaching 2008, at the end of which a single U.S. dollar was worth over 2.6 trillion Zimbabwe dollars, up from 10,000 Zimbabwe dollars at the start of 2005. This all but destroyed Zimbabwe’s economy, leading to very low gross domestic product (GDP) per capita and a government struggling to finance itself. The way ahead In 2009, the Zimbabwean dollar had twelve zeros slashed from the banknotes. This was not enough, and after three decades of rule, former Zimbabwean president Robert Mugabe was removed from power at the end of 2017. Citizens of the country are trying to hold foreign banknotes; they prefer U.S. dollars or euros, but the South African rand is more common. However, the rand’s performance against other currencies has been lackluster in recent years. This underscores the struggle that the Zimbabwean people have to find a stable currency at the moment.

The food inflation rate in Zimbabwe stood at almost ****** percent in September 2022 compared to the same month one year prior. Before the period observed, Zimbabwe was already facing hyperinflation and an economic recession. The coronavirus (COVID-19) pandemic did not make it any easier, exacerbating the problem further in 2020. However, the country implemented some reforms to the foreign exchange market along with the widening of the tax base in 2020, which helped reduce the overall inflation rate. It is worth noting that a new Zimbabwean dollar was introduced in 2019 after its older counterpart was suspended in 2009.

Inflation, monthly percent change in the CPI in Zimbabwe, April, 2025 The most recent value is 0.27 percent as of April 2025, an increase compared to the previous value of 0.05 percent. Historically, the average for Zimbabwe from February 2015 to April 2025 is 2.11 percent. The minimum of -5.72 percent was recorded in February 2020, while the maximum of 19.48 percent was reached in October 2019. | TheGlobalEconomy.com

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Consumer Price Index in Zimbabwe increased 1.60 percent in July of 2025 over the previous month. This dataset provides - Zimbabwe Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zimbabwe: Inflation: percent change in the Consumer Price Index: The latest value from 2022 is 104.7 percent, an increase from 98.5 percent in 2021. In comparison, the world average is 12.5 percent, based on data from 171 countries. Historically, the average for Zimbabwe from 2010 to 2022 is 79.6 percent. The minimum value, -2.4 percent, was reached in 2015 while the maximum of 557.2 percent was recorded in 2020.

Graph and download economic data for Inflation, consumer prices for Zimbabwe (FPCPITOTLZGZWE) from 2010 to 2022 about Zimbabwe, consumer, CPI, inflation, price index, indexes, and price.

At the end of 2023, Zimbabwe had the highest inflation rate in the world, at 667.36 percent change compared to the previous year. Inflation in industrialized and in emerging countries Higher inflation rates are more present in less developed economies, as they often lack a sufficient central banking system, which in turn results in the manipulation of currency to achieve short term economic goals. Thus, interest rates increase while the general economic situation remains constant. In more developed economies and in the prime emerging markets, the inflation rate does not fluctuate as sporadically. Additionally, the majority of countries that maintained the lowest inflation rate compared to previous years are primarily oil producers or small island independent states. These countries experienced deflation, which occurs when the inflation rate falls below zero; this may happen for a variety of factors, such as a shift in supply or demand of goods and services, or an outflow of capital.

Consumer Price Index CPI in Zimbabwe increased to 190.89 points in July from 187.94 points in June of 2025. This dataset provides - Zimbabwe Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zimbabwe had the highest inflation in Africa as of 2023. The rate reached roughly 172 percent when compared to the previous year, according to the source's estimates. This was followed by Sudan, with a rate increase of over 71 percent. Inflationary pressures in the country have been driven by a long-running economic crisis and political instability. By the end of 2021, the already fragile Sudanese economy suffered again when military forces took control of the government. With a

Inflation, monthly percent change in the CPI in Zimbabwe, avril, 2025 Pour cet indicateur, Zimbabwe National Statistics fournit des données pour la Zimbabwe de février 2015 à avril 2025. La valeur moyenne pour Zimbabwe pendant cette période était de 2.11 pour cent avec un minimum de -5.72 pour cent en février 2020 et un maximum de 19.48 pour cent en octobre 2019. | TheGlobalEconomy.com

Zimbabwe: Real interest rate: Bank lending rate minus inflation: The latest value from 2023 is -73.54 percent, a decline from -36.83 percent in 2022. In comparison, the world average is 4.42 percent, based on data from 87 countries. Historically, the average for Zimbabwe from 2012 to 2023 is -26.55 percent. The minimum value, -81.13 percent, was reached in 2020 while the maximum of 8.79 percent was recorded in 2014.

Zimbabwe ZW: Real Interest Rate data was reported at 5.728 % pa in 2016. This records a decrease from the previous number of 7.576 % pa for 2015. Zimbabwe ZW: Real Interest Rate data is updated yearly, averaging 34.675 % pa from Dec 1980 (Median) to 2016, with 32 observations. The data reached an all-time high of 572.936 % pa in 2007 and a record low of 4.257 % pa in 1980. Zimbabwe ZW: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

In December 2024, the inflation rate for food in the European Union (EU) reached 2.4 percent compared to the same month the year prior. Starting in the beginning of 2022, food prices started to rise rapidly. In March 2023, the food inflation rate in the EU reached its peak at 19.19 percent. Since April 2023, the rate started to decrease. Food inflation in Europe One of the main drivers of the increase in consumer prices was the rapid rise in energy prices. In the energy sector, the harmonized index of consumer prices inflation of the EU, a concept to measure and compare inflation internationally, was at 41.1 percent in June 2022, whereas the other categories were all below 10 percent. In Germany, the year-on-year consumer price index development for food and beverages was at 12.33 percent in the year 2023, just a slight dip from the all-time high of 12.51 percent in 2022. By 2024, this had dropped to 1.92 percent. There are a number of ways in which European consumers are trying to save on food costs due to rising prices. The most popular way to deal with the rising food prices is to reduce at-home food waste. An average of about half of consumers in selected European countries stated that this is how they responded to the price increases. Other popular ways were to buy only the essentials or to purchase mostly store brands. Food inflation worldwide In 2022, Europe and Central Asia were the regions with the highest food inflation rates worldwide. The rate of food inflation in those regions was about 18 percent in 2022, which is more than twice as high as it was in the previous year. In Latin America and the Caribbean, the food inflation rate rose from 5.4 to 11.9 percent during the same period. When categorized by income classification, low-income countries have significantly higher food price inflation, as compared to lower-middle-, upper-middle-, and high-income countries. On average, low-income countries had a food price inflation rate of about 30 percent in 2023. The world average rate was at 6.5 percent. Zimbabwe was the country with the highest level of real food inflation worldwide. The southern African country experienced a food inflation of approximately 46 percent in 2024. This was more than two times as high as in any other country in the world.

In August 2024, the global producer price index (PPI)/ wholesale price index inflation (WPI), excluding the U.S., stood at ******. In the United States, the index value amounted to *****. The PPI/WPI inflation tracks changes in the level of prices received by domestic producers for their goods and services. Consumer habits and price increases As of August 2024, consumers considered rising prices and inflation to be their biggest worry. Consumers are expressing this worry in numerous ways. Globally, over ** percent of consumers have said they would shop less and seek cheaper options in response to price increases. Moreover, nearly ** percent of surveyed consumers globally reduced their gift giving to extended family and friends during the holiday season in 2023 to stretch their budgets further. Impact of inflation on emerging economies Notably, emerging economies have a higher WPI value than advanced economies. Between 2021 and 2022, the average inflation rate in developing and emerging economies increased from *** percent to *** percent, before falling slightly to **** percent in 2023. The countries with the highest inflation rates in 2023 include many developing and emerging economies, such as Zimbabwe, Argentina, Turkey, and Suriname.

Zimbabwe: Real interest rate: Bank lending rate minus inflation: Pour cet indicateur, The International Monetary Fund fournit des données pour la Zimbabwe de 2012 à 2023. La valeur moyenne pour Zimbabwe pendant cette période était de -26.55 pour cent avec un minimum de -81.13 pour cent en 2020 et un maximum de 8.79 pour cent en 2014.

The benchmark interest rate in Zimbabwe was last recorded at 35 percent. This dataset provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average for 2023 based on 87 countries was 4.42 percent. The highest value was in Madagascar: 41.3 percent and the lowest value was in Zimbabwe: -73.54 percent. The indicator is available from 1961 to 2023. Below is a chart for all countries where data are available.