Economics

Zambian Inflation Accelerates to Four-Year High in November

  • Consumer prices rose 17.4% from a year earlier, agency says
  • Increase in inflation mainly due to food and vehicle prices
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Zambian inflation quickened for the third straight month in November to a four-year high.

Consumer prices rose 17.4% from a year earlier, compared with 16% in October, Mulenga Musepa, the interim statistician general at the Zambia Statistics Agency, told reporters in Lusaka, the capital. Costs increased 2.2% in the month.