See also:
» 18.02.2011 - Zambia mine "tax fraud" causes outrage
» 12.03.2010 - Tanzania, Zambia "too corrupt to trade ivory"
» 19.01.2010 - Banda to help Rwanda arrest genocide suspects
» 10.12.2009 - Zambia to tighten anti-craft laws
» 02.12.2009 - Zambia and Zimbabwe to launch One Stop Border Post
» 28.10.2009 - Positive outlook for Zambia, IMF
» 15.10.2009 - Zambia becomes agric support hub for Southern Africa
» 02.10.2009 - Euro 1.6 million to boost efforts to counter human trafficking











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Zambia
Economy - Development | Politics | Society

Zambia’s inflation surges again

afrol News, 29 August - The death of president Levy Mwanawasa in a Paris hospital two weeks ago has nothing to do with Zambia's latest increase in inflation rate, said acting director of the Central Statistical Order.

Zambia's inflation rate for the month of July has increased from 12 to 13%, Elfridah Chulu said.

Most of the economists have expressed feared that the death of the Zambian leader would obviously have negative on the country's economic indicators.

Chulu blamed the rising cost of living was responsible for the spiralling inflation rate.

She also agreed that cost of transportation, airfares, housing and other factors all surged last month's rate of inflation in July.


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