Zimbabwe's monthly inflation rate eased to 0.4% in August 2025 from a six-month high of 1.6% in the prior month. Inflation Rate MoM in Zimbabwe averaged 1.62 percent from 2009 until 2025, reaching an all time high of 39.26 percent in June of 2019 and a record low of -11.00 percent in September of 2019. source: Reserve Bank of Zimbabwe

The Consumer Price Index in Zimbabwe increased 0.40 percent in August of 2025 over the previous month.

The Consumer Price Index in Zimbabwe increased 0.40 percent in August of 2025 over the previous month. Inflation Rate MoM in Zimbabwe is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Inflation Rate MoM is projected to trend around 5.00 percent in 2026 and 7.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-29 08:30 AM
Inflation Rate MoM
Jul 1.6% 0.3% 0.5%
2025-08-28 12:50 PM
Inflation Rate MoM
Aug 0.4% 1.6% 1.5%
2025-09-30 08:00 AM
Inflation Rate MoM
Sep 0.4% 1.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 191.65 190.89 points Aug 2025
CPI Housing Utilities 175.09 175.12 points Aug 2025
CPI Transportation 192.51 189.72 points Aug 2025
Food Inflation 115.90 120.70 percent Aug 2025
Inflation Rate YoY 93.80 95.80 percent Aug 2025
Inflation Rate MoM 0.40 1.60 percent Aug 2025

Zimbabwe Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 1.60 39.26 -11.00 2009 - 2025 percent Monthly
2024M4=100, NSA

News Stream
Zimbabwe CPI Rebounds in April
Consumer prices in Zimbabwe rose by 0.6% month over month in April 2025, after a 0.1% decrease in the prior month. According to the national statistics agency, the annual inflation rate stood at 85.7%. This marked the first annual inflation reading released since April 2024, following the introduction of the Zimbabwe Gold (ZiG) currency by the authorities.
2025-04-25
Zimbabwe Monthly Inflation Dips in February
Zimbabwe's monthly consumer inflation for the local unit dropped to 0.5% in February 2025, the lowest in seven months, marking a sharp decrease from January's 10.5%. Price growth slowed for both food (0.8% vs. 6.8% in January) and non-food items (0.3% vs. 4.6%). On February 6, the central bank kept its benchmark interest rate unchanged at 35% for the second straight time, reaffirming its commitment to a tight policy stance to curb market volatility. Despite stabilization efforts, the ZiG faces resistance, particularly in the informal market, where currency regulations are loosely enforced. The ZiG accounts for 30% of all transactions, with the rest conducted in US dollars. Earlier this month, Governor John Mushayavanhu ordered companies listed on the exchange to adopt the ZiG for reporting purposes with immediate effect, including in their 2024 audited financial statements.
2025-02-27
Zimbabwe Monthly Inflation Rate Returns to Double Digits
Zimbabwe's monthly consumer inflation climbed to 10.5% in January 2025, a sharp increase from a four-month low of 3.7% in the prior month.The spike is primarily attributed to higher prices for food and housing, as well as water, electricity, gas, and other fuels, driven by the prolonged drought and the recent introduction of additional taxes. Zimbabwe's Finance Minister, Mthuli Ncube, introduced a range of new taxes in his latest budget, targeting areas such as sports betting and popular fast foods like French fries, burgers, and pizza, in a bid to boost government revenue amid the ongoing fiscal challenges facing the economy. Inflation in US dollar terms also accelerated to 11.5%, up from just 0.6% the month before. Meanwhile, the country’s gold-backed local currency, the ZIG, has depreciated nearly 2% so far this month.
2025-01-28