Zimbabwe inflation at 401.66% in November – Zimstats

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

Zimbabwe inflation at 401.66% in November - Zimstats

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.

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