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.