}

August 2013 Zambian Inflation
Is Down By 0.2%

August 2013 Zambian Inflation rate reduced marginally from 7.3 percernt last month to 7.1 percent. This reflects a reduction of 0.2 percentage points.

The Central Statistical Office (CSO) director Mr John Kalumbi said at a press briefing in Lusaka that the annual rate of inflation increased for the following items:

  • Alcoholic beverages
  • Tobacco
  • Transport
  • Recreation
  • Culture And Education.
On the other hand, there was a reduction in the annual rate of inflation for food and non-alcoholic beverages, clothing, footwear, housing, water, electricity and other fuels.

Shopping Mall In Lusaka Shoppers In Lusaka

Food Inflation

The annual food inflation rate for August 2013 Zambian Inflation was recorded at 6.8 per cent. This was a reduction of 0.3 percentage points compared to 7.1 per cent recorded in the previous month.

Non-Food Inflation

Non-food inflation rate decreased from 7.4 per cent in July 2013 to 7.3 per cent in August 2013, a reduction of 0.1 percentage points.

Prices Of Selected Goods

The following are recorded movements in the national average retail prices of some selected items between July and August 2013:

  • 25 kg bag of breakfast Mealie meal increased by 6.0 percent from K60.31 to K63.95
  • 25 kg bag of roller mealie meal increased by 1.5 percent from KR45.86 to K46.55
  • 20 litre tin of Maize grain increased by 7.4 percent from K23.80 to K25.57
  • 1kg of vegetables decreased by 7.8 per cent from K3.19 to K2.94
  • 1 kg of Fresh Kapenta increased by 10.9 percent from K9.48 to K10.51

Provincial Contribution to Overall Inflation

A look at the overall August 2013 Zambian Inflation shows that Lusaka Province contributed the largest with 2.2 percentage points, followed by the Copperbelt Province with 1.6 percentage points and the North-western province contributed the least with 0.2 percentage points of the overall annual inflation rate of 7.1 per cent recorded in August 2013.

Trade Surplus In July 2013

In July 2013, Zambia recorded a trade surplus valued at K 94 million from K150 million in June 2013. In nominal terms, the country exported more than it imported.

This is a continuation of recording trade surpluses since January 2013. The highest recorded was in April 2013 valued at K 360 Million and the lowest recorded was valued at K94 million recorded in July 2013.

July 2013 Major Export Products

The country’s major export products in July 2013 were:

Copper Cathodes And Sections Of Refined Copper-7.4 %.
Consumer Goods Categories-25.3 %

Other Related Pages To August 2013 Zambian Inflation

Zambian Inflation Figures For 2012

Zambian Inflation Figures For 2011

Zambian Inflation Figures For 2010

Zambia Inflation Figures For 2009

Zambian Inflation Figures For 2008



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