Average inflation measured by CPI reached 8.25 % in 2019 in Zambia, according to the National Statistical Office. This is 2.86 % less than in the previous year.
Historically, average inflation measured by CPI in Zambia reached an all time high of 37.4 % in 1985 and an all time low of 0.064 % in 2011. When compared to Zambia's main peers, average inflation measured by CPI in Angola amounted to 15.8 %, 4.65 % in Tanzania, 9.65 % in Zimbabwe and 13.5 % in Dem. Republic of the Congo in 2019.
Zambia has been ranked 21st within the group of 174 countries we follow in terms of average inflation measured by CPI, 6 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.