Zambia’s inflation rate increased to 16.8% in February 2025, the highest since November 2021. Food prices grew by 20.6% while non-food inflation decreased to 11.7%. Month-over-month, consumer prices rose by 2.4%, a faster rate than January’s 2.1%.
Zambia’s annual inflation rate has escalated to 16.8% as of February 2025, representing the highest level recorded since November 2021. This figure indicates a marginal increase from 16.7% in January. Notably, food prices have surged, with growth rising to 20.6% compared to the previous month’s 19.2%. Conversely, non-food inflation has shown a decline, dropping to 11.7% from 13.2% in January. Additionally, consumer prices on a monthly basis saw an increase of 2.4% in February, surpassing the 2.1% rise observed in January.
In summary, Zambia is experiencing significant inflationary pressures, particularly in food prices, which have risen considerably. While non-food inflation has seen a reduction, the overall inflation rate continues to trend upward, marking a noteworthy economic development in the country.
Original Source: www.tradingview.com
