THE annual inflation rate for the month of February 2023 has increased to 9.6 percent from the 9.4 percent recorded in January, 2023. And the Zambia Statistics Agency (ZAMSTATS) says on a monthly basis, the national average price of a 25 kg bag of breakfast mealie meal increased by 8.48 percent from K181.46 to K 196.84. At a media briefing,Thursday, ZAMSTATS Interim Statistician General Mulenga Musepa attributed the rise in inflation to the increase in prices of selected non-food items. “Annual inflation for February 2023 increased to 9.6 percent from 9.4 percent recorded in January, 2023. This means that on average prices of goods and services increased by 9.6 percent between February 2022 and February 2023 This development was mainly...

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