How was the 2010 Zambian inflation?
In the year 2010, the year-end inflation was set at 8.0 percent.
Government's intention in 2010 was to maintain the status quo: The inflation rate should be in single digits!
On 12th January 2010, a 15 percent increment on petroleum products was announced. There was concern raised by consumers that this will fuel inflationary pressures and affect the economic gains that the country had recorded in 2009.In December 2010, Zambia's inflation rate closed at 7.9 percent. In 2010 the country recorded a record 2.8 million metric tonnes of maize. This had a significant contribution to the growth of GDP to 7.6 percent.
And this is how the country fared during the rest of the year...
The inflation rate was within target. The December 2010 Zambia Inflation was recorded at 7.9 percent.
November 2010 Zambia inflation stands at 7.1 percent.
October 2010 Zambian inflation reduces once again to 7.3 percent.
September 2010 Zambia inflation reduces again to 7.7 percent.
August 2010 Zambia inflation slightly reduced to 8.2 percent.
The July 2010 Zambia inflation climbs to 8.4 percent.
The June 2010 Zambia inflation rate reduces again to a single digit of 7.8 percent.
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