January 2014 Zambian Inflation Increases To 7.3%

The January 2014 Zambian Inflation increased marginally by 0.2 percentage points from 7.1 per cent recorded last year in December 2013 to 7.3 per cent in January 2014.

According to the CSO (Central Statistical Office) the annual rate of inflation increased for the following:

  • Alcoholic Beverages and Tobacco
  • Clothing and Footwear
  • Housing
  • Water
  • Electricity and Other Fuels.
  • Furnishing
  • Health And Communications Also Increased.
  • Household Equipment and Routine Household Maintenance

Lusaka Shoppers

Composition of the January 2014 Zambia inflation

The CSO Director Mr. John Kalumbi said in a briefing that food and non-alcoholic beverage products accounted for 3.1 percentage points, while non-food products accounted for a total of 4.2 percentage points of the 7.3 percent recorded in January 2014.

Annual Provincial Inflation

The annual provincial inflation from the highest to the lowest was as follows:
  • North-Western Province-9.2 per cent
  • Western Province- 8.4 per cent
  • Northern and Muchinga Provinces- 8.2 per cent
  • Central Province-5.5 per cent.

Trade Surplus

Mr Kalumbi further said that Zambia’s trade surplus rebounded from the K6 million recorded in November 2013 up to K161 million.

In nominal terms, this means that the country exported more in December 2013 than it imported in the same period.

Major Exports

Although copper cathodes and some sections of refined copper remained Zambia's major export products accounting for 85.3 per cent last December, other exports recorded were consumer goods, raw materials and capital goods accounting for 14.7 per cent during the same period.

Other Related Pages To January 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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