Zimbabwe ends year close to inflation target

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ZIMBABWE’S annual inflation slowed to close the year 2020 at 348,59 percent from 401,66 percent in November, falling within reach of government’s projected target of 336 percent, the Zimbabwe National Statistics Agency (Zimstat) reported this week. Finance minister Mthuli Ncube had, in the 2021 national budget statement, projected annual inflation to close at 336 percent…