ZIMBABWE is likely to miss its inflation target of below 30 percent for 2025 after ZiG prices for the month of April accelerated by 85,7 percent, industry says.
The Zimbabwe National Statistics Agency released the first annual inflation figure for April 2025 since the rollout of the ZiG currency in April 2024.
“…the annual target is likely to be missed given that the annual ZiG inflation for the month of April 2025 is 85,7 percent. This high inflation is expected to continue until October 2025 when the base effect from the September 2024 devaluation is expected to wear off,” the Confederation of Zimbabwe Industries said in its latest market update.