Zambia Annual Inflation Accelerates to 9% in December, State Agency Says

Zambia’s inflation accelerated to 9 percent in January on an increase in grain prices, acting Director of the Central Statistical Office John Kalumbi said.

The annual rate jumped from 7.9 percent a month earlier with the price of grain rising by 2.6 percent in the month, Kalumbi told reporters today in the capital, Lusaka.

To contact the reporter on this story: Obert Simwanza in Lusaka via Johannesburg at asguazzin@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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