A woman waits for customers at her mini grocery store in Mbare township outside Harare, Zimbabwe, November 27, 2017. REUTERS/Siphiwe Sibeko
On a monthly basis, prices increased 1.67 percent in February, compared to 10.75 percent the previous month.
Central bank governor John Mangudya said on Monday annual inflation should fall to between 10 and 15 percent by the end of the year but economists say the figure could be higher due to price pressures from the exchange rate and a drought.