Zambia: Yearly inflation increases to 22.8 percent
( MENAFN ) The country's data agency stated on Thursday, March 25, that Zambia's yearly inflation rate augmented by 0.6 percentage points in March compared to the past month.
According to the Zambia Statistics Agency, the yearly inflation, as measured by the Consumer Price Index (CPI), augmented to 22.8 percent in March from 22.2 percent in February.
This was mostly driven by upsurges in food and non-food items, with food inflation increasing to 27.8 percent in March from 27.3 percent in February while non-food inflation increased to 17.0 percent in March from 16.2 percent the past month.
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