Inflation & Prices
Zimbabwe Inflation Hits Single Digits for First Time Since 1997
Shoppers browse grocery stores in the central business district of Harare, Zimbabwe.
Photographer: Cynthia R Matonhodze/BloombergZimbabwe’s annual inflation rate fell to single digits for the first time since 1997, a development authorities say is essential to adopting the gold-backed ZiG as the country’s sole currency by 2030.
Inflation slowed to 4.1% in January from 15% last month.