The July 2010 Zambian inflation rate reaches 8.4%.

The July 2010 Zambian inflation rate climbed to 8.4 percent from 7.8 percent recorded in the month of June 2010.

The movement of 0.6 percent was mainly caused by increases in the prices of non-food and food products such as energy, housing and clothing.

Non-food and food products contributed 6.4 and 2 percentage points respectively to the overall inflation rate.

Announcing the inflation rate in Lusaka on 29 July 2010, Central Statistical Office acting director Mr. John Kalumbi said in the same period from June 2010 to July 2010, non food inflation increased from 11.8 percent to 12.6 percent while food inflation increased from 3.8 percent to 4.1 percent.

In the month of July 2010, annual inflation rates increased for food beverages and tobacco, clothing and footwear, household fuel and lighting, furniture and household goods, transport and communication.

Food Prices in July 2010

Some of the food prices that contributed to the rise in food inflation were prices of kapenta, tomatoes, imported rice and other commodities, while there was a reduction of prices on white roller meal and maize grain.

June 2010 Zambian Trade Surplus

For thirteen consecutive months from June 2009 to June 2010 the Zambian government had been recording trade surpluses. In the month of June 2010 a trade surplus valued at K 493.6 billion was recorded as against K762.9 billion recorded in May 2010. The trade surplus meant that the country exported more in the month of June 2010 that it imported.

The trade balance from January 2010 to June 2010 stood at K 4.5 trillion.

Major Export Destinations

  • Switzerland – 39.9 percent

  • China – 27.1 percent

  • South Africa – 11.8 percent

  • United Arab Emirates – 6.0 percent

  • Democratic Republic of Congo – 4.8 percent

July 2010 Zambian Inflation to Zambian Inflation

July 2010 Zambian Inflation to Zambia Advisor Home


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