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Zimbabwe has launched a new currency, ... Inflation increased from 26.5% in December last year to 34.8% this January before spiking to 55.3% in March, according to official figures.
Inflation in Zimbabwe surged as a currency rout pushed up the prices of goods and services, adding to pressure on the central bank to act. Consumer prices rose an annual rate of 34.8% in January ...
Zimbabwe officials say the country’s annual inflation rate more than doubled from May to June, to more than 175%. Economists say multiple devaluations of Zimbabwe's struggling dollar led prices ...
HARARE, Zimbabwe (AP) — Battling rampant inflation, ... Consumer prices in the 19 European Union countries that use the euro currency surged 8.1% in May, a record rate as energy and food costs ...
Zimbabwe is a net importer of goods—the country exported $2.5 billion worth of goods in 2014 and imported $6.25 billion, resulting in a negative trade balance of $3.4 billion.
Zimbabwe’s central bank has launched a new “structured currency” backed by gold, as it seeks to tackle sky-high inflation and stabilise the country’s long-floundering economy.
Zimbabwe's inflation was at 737.26% year-on-year in June compared to 785.55% the previous month, as prices of basic goods continue to rise beyond the reach of most citizens, Zimstat, a state ...
A Greek exit from the eurozone would be worse than catastrophic and could provoke greater social unrest, Zimbabwe-style inflation and a military coup, said London-based hedge fund firm Toscafund.
Zimbabwe has launched a new currency to replace its previous one that in recent months has been ... Inflation increased from 26.5% in December last year to 34.8% this January before spiking ...
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