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Zambia’s inflation slows to 21 percent in June

LUSAKA, June 30 (Reuters) – Zambia’s inflation slowed to 21 percent in June from 21.3 percent year-on-year in May, the central statistical office (CSO) said on Thursday.

The monthly inflation rate inched up to 0.3 percent from 0.2 percent in May, the statistics agency said.

“The decrease in the annual rate of inflation was mainly attributed to decreases in the price of food items,” the CSO said. (Reporting by Chris Mfula; Editing by James Macharia).

Source: Reuters Africa

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