February 2017 Zambian Inflation Rate Goes Down To 6.8%

The February 2017 Zambian inflation rate went further down again to 6.8 percent from 7 percent reported in January 2017. This means that over the 12 months to February 2017 prices increased by only 6.8 percent.

Announcing the annual the Zambia February 2017 annual inflation rate on 23rd February 2017, the Director of Central Statistics Office Mr John Kalumbi said the reduction in the rate was due to price changes of non-food items.

February 2017 Zambian Inflation

However, the monthly inflation rate rose from 0.9 percent in January 2017 to 1.0 percent in February 2017.

Provincial Contribution To The February 2017 Zambian Inflation Rate

Just like in previous months Lusaka province had the inflation rate at 1.8 percentage points, followed by Southern Province and Eastern Province at 1.1 percentage points each. The least contributor was Western Province at 0.2 percentage points.

January 2017 Zambia Trade Deficit

The country recorded a trade deficit of K 275.6 million in the month of January 2017 compared to the trade deficit of K 754.2 million recorded in December 2016. This means that the country imported more in January 2017 than it exported in nominal terms.

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

Recent Posts

  1. Mubende Country Lodge Is Found In Luanshya Town

    You want to get away from the hustle and bustle of town life? Try Mubende Country Lodge, near Luanshya town. Situated at exactly 11 kilometres from Luanshya town, the lodge is truly a beauty.

    Read More

  2. The Levy Business Park - 74 Reasons To Visit It!

    The Levy Business Park, named after third president of the Republic of Zambia Levy Mwanawasa is dubbed as the "latest jewel".

    Read More

  3. Golden Pillow Lodge

    The Golden Pillow Lodge, found in Southern Province has three branches in Mazabuka, Monze and Choma.

    Read More

  1. Home
  2.  ›
  3. Zambia Inflation
  4.  ›
  5. February 2017 Annual Inflation