THE annual inflation rate for November 2023 has increased to 12.9 percent from the 12.6 percent recorded in October 2023. And the Zambia Statistics Agency (ZamStats) has dispelled inflation figures attributed to unofficial sources and has urged the public to rely on the official numbers it produces. At a media briefing, Thursday, ZamStats Statistician General Mulenga Musepa attributed the rise in inflation to price movements of selected food and non-food items. “Annual inflation for November 2023 increased to 12.9 percent from 12.6 percent recorded in October, 2023. This means that on average, prices of goods and services increased by 12.9 percent between November 2022 and November 2023. This development was attributed to price movements of selected food and non-food items....
