THE annual inflation rate for April 2024 has increased to 13.8 percent from the 13.7 percent recorded in March 2024. During a media briefing, Thursday, Zambia Statistics Agency (ZamStats) Statistician General Mulenga Musepa attributed the increase to price movements of selected food items. “Annual inflation for April 2024 increased to 13.8 percent from 13.7 percent recorded in March, 2024. This means that on average, prices of goods and services increased by 13.8 percent between April 2023 and April 2024. This development was mainly attributed to price movements of selected food items. Annual food inflation for April 2024 was recorded at 15.7 percent compared to 15.6 percent in the previous month. This means on average, prices of food items increased by...

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