Online Reporter
Judith Phiri
Zimpapers Business Hub
ZIMBABWE’s weighted average monthly inflation rate took a marked downturn in May, dropping 0,3 percentage points to 0 percent, reflecting progress towards durable economic stability across local and foreign currency denominated prices.
According to the latest data from the Zimbabwe National Statistics Agency (ZimStat), the US dollar (USD) month-on-month inflation rate fell to -0,3 percent in May, shedding 0,5 percentage points on the April rate of 0,2 percent.
However, the Zimbabwe Gold (ZiG) month-on-month inflation rate was 0,9 percent in May, gaining 0.3 percentage points on the April rate of 0,6 percent.
Consequently, the developments resulted in a decline in the weighted inflation rate, reinforcing hopes of a more predictable economic environment going forward.
Presenting the prices statistics on Tuesday, ZimStat acting director macroeconomics, Mr Munyaradzi Chikadaya, however, said: “The USD Consumer Price Index (CPI) was 121.76 in May 2025 and 122.12 in April 2025. In May 2024 the index was 106,85. The ZiG Consumer Price Index (ZWG CPI) was 187,42 in May 2025, 185,68 in April 2025 and 97,58 in May 2024.”
The food and non-alcoholic beverages category saw a US dollar month-on-month inflation rate of -0,9 percent in May, shedding 0,9 percentage points on the April rate of 0,0 percent.
The May US dollar month-on-month non-food inflation rate was 0,0 percent, shedding 0,3 percentage points on the April rate of 0,3 percent.
