ZAMSTATS Statistician General Goodson Sinyenga has disclosed that the annual rate of inflation for July 2024 increased to 15.4 percent from the 15.2 percent recorded in June. Sinyenga has also revealed that the retail price national average for a 25 kg bag of breakfast mealie meal increased from K331.23 to K334.48. At a media briefing, Thursday, Sinyenga explained that the upward movement in inflation meant that on average, prices of goods and services increased by 15.4 percent between July 2023 and July 2024. “Annual inflation for July 2024 increased to 15.4 percent from 15.2 percent recorded in June, 2024. This means that on average, prices of goods and services increased by 15.4 percent between July 2023 and July 2024. This...

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