Online Reporter
Business Reporter
Zimbabwe’s annual inflation rate measured in the local currency, the ZiG, eased to 3,2 percent in July 2026, down from 4,7 percent in June, according to figures released this morning by the Zimbabwe National Statistics Agency (ZimStat).
The ZiG year-on-year inflation rate shed 1,5 percentage points, signalling continued stabilisation of the domestic currency’s purchasing power over the past 12 months. On a month-on-month basis, ZiG inflation stood at 0,1 percent in July, a decline of 0,5 percentage points from June’s rate of 0,6 percent.
Meanwhile, the official United States dollar inflation rate remained flat on an annual basis at 3,1 percent for July, unchanged from June. Month-on-month US$ inflation rose to 0,3 percent, gaining 0.2 percentage points from the previous month’s 0,1 percent.
The weighted inflation rate – which combines both currency measures – registered an annual figure of 3.2 percent in July, shedding 0,3 percentage points from June’s 3,5 percent. The weighted month-on-month rate was 0.3 percent, up marginally from 0,2 percent in June.
Across all three indices, price increases were primarily driven by the Housing, Water, Electricity, Gas and Other Fuels division, reflecting sustained pressure on utility and energy costs.
In a separate release, ZimStat reported the Food Poverty Line (FPL) for one person in July 2026 at ZiG923.17, while the Total Consumption Poverty Line (TCPL) – which includes both food and non-food items – was set at ZiG1,346.90 per person for the same period.
The data comes as policymakers prepare for this week’s Mid-Term Budget Review, with economists expected to scrutinise the diverging trends between the ZiG and US dollar inflation metrics as indicators of currency stability and household purchasing power.
