THE annual inflation rate for March 2025 has reduced by 0.3 percent, from 16.8 percent in February 2025 to 16.5 percent in March. On the other hand, the Gross Domestic Product (GDP) estimates for the fourth quarter of 2024 indicate that the country’s economy grew by 8.6 percent, from 7.8 percent in the fourth quarter of 2023. Speaking during this month’s Bulletin, ZAMSTATS Acting Statistician General Sheila Mudenda attributed the reduction in inflation to price movements of selected food items. “Annual inflation for March 2025 slowed down to 16.5 percent from 16.8 percent recorded in February, 2025. This means that on average, prices of goods and services increased by 16.5 percent between March 2024 and March 2025. This development was...
