ZAMBIA’S low liquidity levels in the economy have contributed to the declining annual rate of inflation in June, 2020, as the demand for goods on the market has reduced, says ZIPAR. In an interview, Zambia Institute of Policy Analysis and Research (ZIPAR) senior research fellow Caesar Cheelo said the local economy had experienced a slowdown, hence the reduced demand for goods on the market, resulting in a slowdown in price increases. “…The other thing is the economy with COVID-19, and even before COVID-19, the economy is undergoing a significant slowdown....

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