January inflation holds steady at 16.7%

31st January 2025

Business

Chongwe women cook some traditional food during the beyond maize dissemination and public discussion organized by CSPR at Graka Lodge in Chongwe on September 12, 2019 - Picture by Tenson Mkhala

Business

Chongwe women cook some traditional food during the beyond maize dissemination and public discussion organized by CSPR at Graka Lodge in Chongwe on September 12, 2019 - Picture by Tenson Mkhala

The Zambia Statistics Agency (ZamStats) has announced that the annual inflation rate for January 2025 remains unchanged at 16.7%, the same as recorded in December 2024. And ZamStats acting Statistician General Sheila Mudenda has revealed that the country recorded a trade deficit of K3.3 billion in December 2024, compared to the surplus of K1.1 recorded in November 2024. Speaking during the January Bulletin Dissemination, Thursday, Mudenda disclosed that the annual food inflation for January 2025 was at 19.2 percent, compared to 18.6 percent recorded in December 2024. “Annual inflation for January 2025 was recorded at 16.7 percent, same as that recorded in December, 2024. This means that on average, prices of goods and services increased by 16.7 percent between January...

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Philip Chisalu

Philip is a story-driven Journalist adept at developing articles and investigating issues with tenacious and unwavering dedication. Offering several years of experience in print, radio and online media. Email: philip [at] diggers [dot] news