THE annual inflation rate for June 2022 has reduced to 9.7 percent from the 10.2 percent recorded in May. And the Zambia Statistics Agency has revealed that Zambia’s economy has grown by 2.4 percent in the first quarter of 2022, compared to the 1.8 percent growth recorded during the same period last year. 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 June, 2022 decreased to 9.7% from 10.2% recorded in May 2022. The slowdown in annual inflation was mainly attributed to price movements in both food and non-food items. Food inflation decreased to 11.9…...

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