Zimbabwe August inflation rises

Zimbabwe August inflation rises

HARARE – Zimbabwe’s inflation rate accelerated to 265,1 per cent in the year to August from 254,8 per cent in July, the Central Statistical Office said yesterday.

President Robert Mugabe’s government has singled out inflation as the biggest scourge to the economy and analysts doubt it will retreat to 80 per cent by the end of the year as forecast by the central bank. – Nampa-Reuters- Nampa-Reuters

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