Zambia’s Inflation Rate Hits 16.8% in February 2025, Food Prices Surge

Zambia’s inflation rate reached 16.8% in February 2025, marking an increase from 16.7% in January. Food price growth accelerated to 20.6%, while non-food inflation decreased to 11.7%. Month-on-month, consumer prices rose by 2.4%, surpassing January’s increase of 2.1%.

In February 2025, Zambia’s annual inflation rate climbed to 16.8%, the highest level recorded since November 2021. This figure represents a modest rise from the previous month’s rate of 16.7%. Furthermore, food prices experienced a notable increase, accelerating to 20.6% compared to 19.2% in January, while non-food inflation saw a reduction to 11.7%, down from 13.2%. On a month-to-month basis, consumer prices rose by 2.4% in February, outpacing the January increase of 2.1%.

Zambia’s inflation trends indicate significant pressures, particularly in food prices, which have surged to notable highs. Despite a deceleration in non-food inflation, the overall consumer price escalation reflects persistent economic challenges. The current inflation scenario underscores the need for comprehensive economic strategies to mitigate rising costs for consumers.

Original Source: www.tradingview.com