The November 2013 Zambian Inflation Rate Increases To 7.0 percent

The November 2013 Zambian Inflation rate increased to 7.0 percent from 6.9 percent recorded in October. The CSO (Central Statistical Office) attributed the changes to an increase in the prices of food and non-alcoholic products.

Mr. John Kalumbi, the CSO director said in a press briefing that on average, prices increased by seven per cent between November 2012 and November 2013.

Lusaka Shoppers

Of the total 7.0 percent inflation, food and non-alcoholic beverage products accounted for 3.1 percentage points and non-food products accounted for 3.9 percentage points.

Average Prices Of Selected Goods

The following were the recorded movements in the national average retail prices of some selected items between October and November 2013:
  • 25 kg bag of breakfast Mealie meal decreased by 0.8 per cent from K64.90 to K64.36.
  • 25 kg bag of roller mealie meal increased by 1.9 per cent from K47.81 to K48.13.
  • 1 kg of dried Mpulungu Kapenta increased by 13.7 per cent from K67.59 to K76.88.
  • 1kg of vegetables increased by 13.4 per cent from K1.72 to K1.95.

Trade Surplus

The CSO director Mr. John Kalumbi also revealed that Zambia recorded a trade surplus valued at K43 million in October from K53 million in September. Although this shows a continued trend in recording trade surpluses, this is the third consecutive month the country’s trade surplus has dropped.

However, the country has continued to record positive trade surpluses since January with the highest recorded in April valued at K364 million and the lowest was recorded in September valued at K53 million.

Other Related Pages To The November 2013 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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