The inflation rate in Zimbabwe was recorded at 288.50 percent in August of 2019 as food prices surged more than 390 percent. This year the country was struck by two powerful cyclones that damaged farmland and severe dry season which decimated the grain harvest. Inflation Rate in Zimbabwe averaged 10.80 percent from 2009 until 2019, reaching an all time high of 288.50 percent in August of 2019 and a record low of -7.50 percent in December of 2009.

Inflation Rate in Zimbabwe is expected to be 300.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Zimbabwe to stand at 51.00 in 12 months time. In the long-term, the Zimbabwe Inflation Rate is projected to trend around 25.00 percent in 2020, according to our econometric models.

Zimbabwe Inflation Rate
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-15 12:20 PM Inflation Rate YoY Mar 66.8% 59.39% 64%
2019-05-15 08:40 AM Inflation Rate YoY Apr 75.86% 66.8% 68%
2019-06-17 07:00 AM Inflation Rate YoY May 97.85% 75.86% 90%
2019-07-15 07:45 AM Inflation Rate YoY Jun 175.66% 97.85% 99%

Zimbabwe Prices Last Previous Highest Lowest Unit
Inflation Rate 288.50 230.54 288.50 -7.50 percent [+]
Food Inflation 393.12 318.75 353131459.30 -15.10 percent [+]
Inflation Rate Mom 17.70 18.07 39.26 -3.00 percent [+]
Cpi Housing Utilities 178.80 154.80 178.80 63.20 Index Points [+]
CPI Transportation 344.20 294.60 344.20 36.30 Index Points [+]
Consumer Price Index Cpi 290.40 246.70 290.40 54.90 Index Points [+]

Zimbabwe Inflation Rate

In Zimbabwe, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (31.3 percent of total weight); Housing and Utilities (27.6 percent); Transport (8.4 percent) and Miscellaneous Goods and Services (6.5 percent). Others include: Household Contents, Equipment and Maintenance (5.3 percent); Alcoholic Beverages and Tobacco (4.9 percent); Clothing and Footwear (4.3 percent) and Education (4.3 percent). Communication, Recreation and Culture, Health and Restaurants and Hotels account for the remaining 7.5 percent of total weight. This page 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. Zimbabwe Inflation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
288.50 230.54 288.50 -7.50 2009 - 2019 percent Monthly
2019M2=100, NSA

Country Last Previous
Argentina 53.50 Sep/19
Australia 1.60 Jun/19
Brazil 2.89 Sep/19
Canada 1.90 Sep/19
China 3.00 Sep/19
Euro Area 0.80 Sep/19
France 0.90 Sep/19
Germany 1.20 Sep/19
India 3.99 Sep/19
Indonesia 3.39 Sep/19
Italy 0.30 Sep/19
Japan 0.30 Aug/19
Mexico 3.00 Sep/19
Netherlands 2.60 Sep/19
Russia 4.00 Sep/19
Saudi Arabia -1.10 Aug/19
Singapore 0.50 Aug/19
South Africa 4.30 Aug/19
South Korea -0.40 Sep/19
Spain 0.10 Sep/19
Switzerland 0.10 Sep/19
Turkey 9.26 Sep/19
United Kingdom 1.70 Sep/19
United States 1.70 Sep/19