Business / Economy

Zimbabwe inflation down to 3 percent year on yer

by Byo24News
16 Mar 2011 at 14:12hrs | 625 Views
Zimbabwe's annual inflation slowed to 3 percent in February from 3.3 percent in January, the Zimbabwe National Statistical Agency, or Zimstats, said on Wednesday.Monthly inflation dropped to 0.5 percent from 0.9 percent previously.

Finance Minister Tendai Biti said early this month inflation would end 2011 at 4.5 percent year-on-year and reiterated that the economy would grow as much as 9.3 

Source - Byo24News
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