The annual rate of inflation for the month of September 2019 has increased to 10.5 percent from 9.3 percent recorded in August 2019, indicating an increase of 1.2 percent.
This means that prices of goods and services increased by 10.5 percent between September 2018 and September 2019.
Central Statistical Office Interim Statistician General Mulenga Musepa told a media briefing in Lusaka today that the increase is mainly attributed to food item price movements.
And Mr Musepa disclosed that the year on year food inflation rate for September 2019 was recorded at 12.4 percent compared to 10.3 percent recorded in August 2019, indicating an increase of 2.1 percentage points.
He stated that the increase in the food annual inflation rate was mainly attributed to price movements of food items such as breakfast mealie meal, Roller mealie meal, Maize grain, Samp and imported Rice.
