FINANCE and National Planning Minister Dr Situmbeko Musokotwane says Zambians should be proud that the country has reached single digit inflation within half a year. And Dr Musokotwane says the increase in fuel prices will not have a major impact on the inflation rate. Commenting on the annual inflation rate for June 2022 which reduced to 9.7 percent from the 10.2 percent recorded in May, Dr Musokotwane said if inflation had not dropped from 24 percent in August last year, prices of most commodities would have doubled. “The target was that at the end of the year, we would reach single digit inflation, less than 10 percent. Within half a year, rather than one year, we have managed to attain...

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