June 2014 Zambian Inflation Rate Increases By 0.1 Percentage Points

June 2014 Zambian Inflation rate increased from 7.8 per cent in May to 7.9 percent in June. This reflects an increase of 0.1 percentage points.

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

  • Clothing
  • Footwear
  • Housing
  • Water
  • Electricity
  • Fuels And Gas
On the other hand, there was a reduction in the annual rate of inflation for food and non-alcoholic beverages.

Food Inflation

The June 2014 annual food inflation rate decreased to 7.8 percent compared to 8 percent recorded in May 2014. This was a reduction of 0.2 percentage points.

Some Goods Whose Prices Have Gone Down

Non-Food Inflation

Non-food inflation rate increased to 8.0 per cent in June 2014 from 7.6 percent in recorded in May 2014, an increase of 0.4 percentage points.

Average Prices Of Selected Goods

The following are recorded movements in the national average retail prices of some selected items between May and June 2014:
  • 25 kg bag of breakfast Mealie meal decreased from K74.77 to K73.72
  • 25 kg bag of roller mealie meal reduced from K57.74 to K57.47
  • 50 kg bag of charcoal increased from K30.62 to K31.09

Trade Surplus

The country recorded an increase in the trade surplus up from K29.2 recorded in April to K43 million in May. In nominal terms, this means the country exported more than it imported. The highest trade surplus recorded was last January valued at K295.3 million.

June 2014 Major Export Products

Copper was the major export product accounting for 84.4 percent of Zambia's total exports during the month of May.

Other Related Pages To June 2014 Zambian Inflation

Zambian Inflation Figures For 2013

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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