February month on month inflation at 1.67%

Kudzanai Sharara

The month on month inflation rate in February 2019 was 1.67 percent shedding 9.08 percentage points on the January 2019 rate of 10.75 percent.

This means that prices as measured by the all items CPI increased by an average rate of 1.67 per-cent from January 2019 to February 2019.

The year on year inflation rate (annual percentage change) for the month of February 2019 as measured by the all items Consumer Price Index (CPI) stood at 59.39 percent, while that of January 2019 rate was 56.90 percent.

This means that prices as measured by the all items CPI increased by an average of 59.39 percent between February 2018 and February 2019.

It is important to note that data on prices was collected during the period from 13 to 19 February 2019.  The changes in prices in this report refer to that period.