Inflationary pressure seen intensifying

Annual ZiG inflation for May stood at 4,4 percent, slightly down from 4,8 percent in April, while annual US dollar inflation rose to 2,8 percent from 2,2 percent in April.

FBC Securities says inflationary pressure is likely to intensify further through to June this year, driven by higher transport and food costs. This follows the Reserve Bank of Zimbabwe’s indication that inflation will likely continue rising until June 2026 before easing. The Zimbabwe National Statistics Agency (ZimStat), in its latest inflation figures, reported that annual…

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