June 2013 Zambian Inflation Increases
Marginally By 0.3 Percent!
The June 2013 Zambian Inflation increased by 0.3 percent from 7.0 percent recorded in
May 2013. Mr. Peter Mukuka, acting director of the Central Statistical Office (CSO), said in
a press briefing that the increase in the June 2013 Zambian Inflation rate was a result of higher food
and non-food prices.
The annual rate of Zambian inflation for food, non-alcoholic beverages, alcoholic beverages,
tobacco, transport and communication increased between June 2012 and June 2013.
Meanwhile, the following items had a reduction in the annual inflation rate;
- Clothing And Footwear
- Electricity And other fuels
- Household Equipment And Routine Household Maintenance
- Recreation And Culture
- Hotel And restaurant
- Miscellaneous Goods And Services
An increase was recorded in the annual food inflation rate from the 6.3 percent recorded in
May 2013 up to 7.1 per cent, representing an increase of 0.8 percentage points in the
June 2013 Zambian Inflation rate. Food products accounted for 3.8 percentage points of the total 7.3 per cent
annual inflation rate recorded in June 2013.
Shopping For Food In Lusaka
Mr. Mukuka further said that non-food products accounted for a total
of 3.5 percentage points of the total annual inflation rate, translating into 3.5 percentage
points of the annual inflation rate.
Prices Of Selected Goods
The CSO Acting director said between the months of May and June 2013, the national average
retail price of a 25 kilograms (kg) bag of breakfast mealie meal increased by 2.1 per cent
from KR 58.17 to KR 59.41 and the same bag of roller meal by 0.2 per cent from KR 44.89 to
During the same period, the national average price of a 20 litre tin of maize grain decreased
by 10.0 per cent from KR 25.15 to KR 22.64 and that of a 1 kg fresh kapenta decreased by 1.7
per cent from KR 9.37 to KR 9.21.
Trade Surplus In May 2013
In May 2013, Zambia recorded a trade surplus valued at KR267.8 million from KR329.5 million
recorded in April 2013. The trend has continued with April 2013, the highest recorded so far,
and the lowest was KR133.2 million recorded in February 2013. This effectively means that the
country exported more in May 2013 than it imported. Zambia has been recording trade surpluses
since January 2013.
May 2013 Major Exports
Copper cathodes, sections of refined copper and other intermediate goods were the major export
products in May accounting for 69.8 per cent of the total exports. Mr. Mukuka singled out
Switzerland and China has the country's major export destinnations.
Other Related Pages To June 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
June 2013 Zambian Inflation To Zambian Inflation
June 2013 Zambian Inflation To Zambia Advisor Home
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