HARARE (Reuters) – Zimbabwe’s inflation rate eased to 401.66% in November year-on-year from 471.25% the previous month, statistical agency Zimstats said on Tuesday.
On a monthly basis, prices increased by 3.15% compared with 4.37% previously.
Inflation has eroded savings and salaries this year, leading to strikes by public sector workers, but the national treasury says inflation will moderate next year on better economic growth prospects.