Inflation spikes following Zim dollar rout
Consumers under more strain
TENDAIISHE NYAMUKUNDA Zimbabwe’s inflation rate surged in the month of January as the Zimbabwe dollar rout drove up the prices of goods and services , creating concerns for consumer spending since it depletes real income, Business Times can report. Annual inflation rate for January, according to ZIMSTATS, rose to 34.8% from 26.5% in December 2023. The unprecedented dip in the value…
