FINANCE and National Planning Minister Dr Situmbeko Musokotwane says he does not think the inflation rate will revert to a double-digit. A fortnight ago, ZAMSTATS disclosed that the annual inflation rate for the month of March 2023 had increased to 9.9 percent from the 9.6 percent recorded in February 2023. ZAMSTATS Statistician General Mulenga Musepa attributed the upward adjustment in inflation to increases in prices of selected non-food items. Asked, in an interview, if the current trend would see the inflation revert to a double-digit, Dr Musokotwane responded in the negative. “No I don’t think so. We know the factors that are driving the inflation, partly it’s the exchange rate, partly now because of this pressure coming from the neighbouring...

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