In February 2025, Zambia’s inflation rate rose to 16.8%, the highest since November 2021, driven by a spike in food prices to 20.6%. Non-food inflation declined to 11.7%, while monthly consumer prices increased by 2.4%.
Zambia’s inflation rate has surged to 16.8% as of February 2025, marking a notable rise from 16.7% recorded in January 2025. This increase represents the highest inflation level since November 2021. The growth in food prices has accelerated significantly, reaching 20.6% in February compared to 19.2% in the previous month.
Conversely, non-food inflation experienced a decline, clocking in at 11.7%, down from 13.2% in January. Monthly consumer prices also exhibited a notable uptick, rising by 2.4% in February, a faster rate than the 2.1% increase seen in January. These trends suggest ongoing economic pressures in the region.
In conclusion, Zambia’s inflation has demonstrated an upward trajectory, with food prices contributing significantly to this rise. The notable increase in inflationary pressures highlights the economic challenges facing Zambia, necessitating close monitoring and potential intervention by policymakers to stabilize the situation.
Original Source: www.tradingview.com