}

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
  • Housing
  • Water
  • Electricity And other fuels
  • Furnishings
  • Household Equipment And Routine Household Maintenance
  • Education
  • Recreation And Culture
  • Hotel And restaurant
  • Miscellaneous Goods And Services

Food Inflation

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.

Woman Shopping At Embassy In Lusaka Shopping For Food In Lusaka

Non-Food Inflation

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 KR 44.97.

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



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