Inflation hits new high-(15-02-07)

of 1 281,1%.
The Central Statistical Office said on a monthly basis inflation rose to 45,4% compared to 36,3% in December.
The statistics will come as a crushing blow to the Reserve Bank Governor Dr Gideon Gono who unveiled his new monetary policy for the first quarter of the year last week recently hit by wildcat strikes against an economic crisis stoking political tensions.
The government has forecast inflation, which it has branded the country’s chief enemy, to retreat to 350-400 percent by the end of this year. But others, including the International Monetary Fund, expect it to accelerate further to 4 096% by December this year.