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Africa Subsaharan
Zimbabwe inflation rate hits 2.2 million percent
2008-07-16
HARARE (Reuters) - Zimbabwe's annual inflation rate, already the highest in the world, has hit 2.2 million percent, central bank Governor Gideon Gono said on Wednesday. "Some independent economists say our inflation is 7 million percent annually but the CSO (Central Statistical Office) says it's 2.2 million percent," Gono said at the launch of a government program to supply basic goods.
Oh, good. Sounds like you're getting a handle on it, Gideon.
The last official inflation figure of 164,900 percent year-on-year for February was released in April.
Posted by:tu3031

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