LUSAKA, March 29 (Xinhua) -- Zambia's year-on-year inflation as measured by the Consumer Price Index (CPI) saw a slight slowdown in March, statistics agency said on Thursday. The annual inflation rate was down by 0.3 percentage points to 7.5 percent in March, according to figures released...
Last year, the economy of Africa's second-largest copper producer contracted for the first time since 1999 mainly on account of the COVID-19 pandemic. Meanwhile, the country's annual inflation rate for March decreased to 13.1 percent from 14.2 percent in February. ■News...
The Bank of Zambia's main lending rate has been at 9.0% since November 2021. Annual inflation peaked at 24.6% in the middle of last year and had declined steeply until June, when it reached 9.7%, before edging up to 9.9% in July. In 2020 Zambia became the first African country to de...
Inflation rate (consumer prices)9.1% (2019 est.) 7.4% (2018 est.) 6.5% (2017 est.)3.7% (2019 est.) 4.2% (2018 est.) 6.1% (2017 est.) Labor force6.898 million (2017 est.)956,800 (2017 est.) Labor force - by occupationagriculture:54.8% ...
Inflation rate (consumer prices): This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation rate (consumer prices) field listing 6.6% (2017 est.) 17.9% (2016 est.) country comparison to the world: 192 ...
Zambia experienced positive economic growth for the ninth consecutive year in 2007 with a GDP of U.S. $10.9 billion and a real growth rate of 6% (according to preliminary IMF estimates). The rate of inflation dropped from 30% in 2000 to a single digit inflation of 8.9% by December 2007...
By the end of the 20th cent., the standard of living in Zambia was about half what it had been in the mid-1960s, before copper prices began falling. Unemployment and inflation were high, and the country was threatened by the unprecedented prevalance of deadly AIDS/HIV infections. In May,...
In each subsequent year, PVAM yield was calculated by multiplying this initial yield by the annual rate of change of (all) maize yields as estimated by IMPACT. For each PVAM producer, multiplying the area planted in PVAM by the IMPACT-estimated yield provided an estimate of each producer’s ...
Inflation rate (consumer prices)3.7% (2019 est.) 4.2% (2018 est.) 6.1% (2017 est.)9.1% (2019 est.) 7.4% (2018 est.) 6.5% (2017 est.) Labor force956,800 (2017 est.)6.898 million (2017 est.) Labor force - by occupationagriculture:31% ...
Other support variables included the inflation rate variable, which represented the consumer price index (inflation), expressed as the annual percentage change in the average consumer’s cost of purchasing a basket of goods and services. This was justified by its usefulness in capturing the ...