Average inflation measured by CPI reached 9.65 % in 2019 in Zimbabwe, according to the National Statistical Office. This is 150 % more than in the previous year.
Historically, average inflation measured by CPI in Zimbabwe reached an all time high of 157 % in 2008 and an all time low of -72.7 % in 2007. When compared to Zimbabwe's main peers, average inflation measured by CPI in Botswana amounted to 3.88 %, 5.68 % in Mozambique, 5.27 % in South Africa and 8.25 % in Zambia in 2019.
Zimbabwe has been ranked 17th within the group of 174 countries we follow in terms of average inflation measured by CPI, 12 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.