‘Zim’s annual inflation now at 473 percent’

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ZIMBABWE’s year-on-year inflation rate declined to 473 percent in January from 521 percent in December last year, according to the Confederation of Zimbabwe Industries (CZI). This comes as the Reserve Bank of Zimbabwe is forecasting year-on-year inflation to come down to around 50 percent by December 2020. The country’s January month-on-month inflation was 2,23 percent…