The April 2010 inflation rate dropped to 9.2 percent.
The Central Statistical Office (CSO) deputy director William Makaya who released the April 2010 Zambian inflation figures on 29th April 2010 in Lusaka, attributed the reduction in the annual inflation to continued reductions in the prices of food.
Of the total 9.2 percent in April 2010, food products accounted for 3.6 percentage points while non-food products in the consumer price index accounted for a total of 5.6 percentage points.
The national average price of a 1 kg of tomatoes declined by 6.6 percent, from K4,293 to K 4,011, while the average price of 1 kg of dried kapenta (Mpulungu) increased by 5.4 percent from K 56,324 to K 59,356.
In the month of April 2010, annual food inflation rate was recorded at 7.3 percent. This was a decline from 9.3 recorded in March 2010.
In the same period the annual inflation rates for furniture, house hold goods, recreation and education increased, whereas the rates for clothing and footwear, medical care and transport and communication remained unchanged.
In the month of March 2010 the following countries were the top 5 for Zambias export destinations:
Switzerland 53.2 percent
South Africa 18.8 percent
China 10.7 percent
Democratic Republic of Congo 5.0 percent
United Kingdom 2.1 percent.
These countries accounted for 89.8 percent of Zambias total export earnings.
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