THE annual inflation rate for May 2022 has reduced to 10.2 percent from the 11.5 percent recorded in April. And Zambia has recorded a trade surplus of K3.9 billion in April 2022 compared to the K6.0 billion in March. At a media briefing, Thursday, Zambia Statistics Agency Interim Statistician General Mulenga Musepa said the slowdown in annual inflation was mainly attributed to price movements in both food and non-food items. “Annual inflation for May 2022 decreased to 10.2 percent from 11.5 percent recorded in April 2022. This means that on average, prices of goods and services increased by 10.2 percent between May 2021 and May 2022. The slowdown in annual inflation was mainly attributed to price movements in both food...

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