THE Zambia Statistics Agency (ZamStats) says the annual inflation rate for August 2026 declined to 6.2 percent from 6.5 percent recorded in July 2026. Meanwhile, President Hakainde Hichilema says the reduced inflation shows that government’s hard work over the past five years is paying off. The Central Bank set the inflation target between six to eight percent. For the past few months, the inflation rate has been within that target band. Speaking during a briefing, Thursday, ZamStats Acting Statistician General Dr Chola Nakazwe Daka said the decline meant that, on average, prices of goods and services increased by 6.2 percent between August 2025 and August 2026. Dr Daka said food inflation slowed down to 6.0 percent in August 2026 from...