Annual Inflation Rate for July 2025 Slows down
The Zambia Statistics Agency (ZamStats) disseminated the Monthly Statistics Bulletin for July on today 31st July 2025. The dissemination was held at the ZamStats Agricultural and Commercial Show exhibition stand.
Speaking during the dissemination, the Acting Statistician General, Mrs. Sheila S. Mudenda revealed that the annual inflation rate for July 2025 slowed down to 13.0 percent from 14.1 percent recorded in June, 2025. She also reported that the overall monthly inflation for July 2025 reduced from 0.1 percent from 0.2 percent, recorded in the previous month.
She added that the annual food inflation for July 2025 was recorded at 15.3 percent compared to 16.7 percent in June 2025, meaning that on average, prices of food items increased by 15.3 percent between July 2024 and July 2025. This was mainly attributed to price movements in prices of food items such as Cereals (including breakfast mealie meal, roller mealie meal, maize grain, Samp, rice), Vegetables (Rape, Chinese Cabbage, Carrots, Green pepper, Dried beans, Sweet potatoes), Fruits (Oranges, Bananas, Lemons, Apples, Pineapples), Chicken, Butter and Cooking oil.
On Provincial inflation, Mrs. Mudenda revealed that Lusaka province contributed the highest percentage to the overall annual inflation of 13.0 percent at 4.1 percentage, followed by Copperbelt which contributed 2.8 percentage points, while North-western province had the lowest contribution of 0.4 percentage points.
The Acting Statistician General further said that the total value of exports via all modes of transport for the period January to June 2025 was K158.8 billion. She elaborated that road transport accounted for the highest value at K151.6 billion representing a 95.5 percent share, air transport was second with K4.1 billion (2.6 percent) and Rail transport was third with a value of K0.9 billion (0.5 percent).
She further added that the country recorded a trade deficit of K5.3 billion in June, 2025 compared to the Surplus of K1.5 billion recorded in May 2025. Additionally, Exports mainly comprising domestically produced goods, decreased by 28.4 percent from K30.2 billion in May 2025 to K21.6 billion in June 2025. This was mainly on account of decreases in export earnings from Intermediate goods by 32.5 percent, Consumer goods by 12.1 percent and Raw materials by 4.5 percent.
Mrs. Mudenda also stated that export earnings from refined copper decreased by 39.0 percent from K20.6 billion in May 2025 to K12.5 billion in June 2025. Refined Copper export volumes decreased by 34.7 percent from 79.7 thousand metric tonnes in May 2025 to 52.1 thousand metric tonnes in June 2025. Further, copper prices on the LME market for the corresponding months increased by 3.2 percent from US$9,529.8 per Mt in May 2025 to US$9,833.7 per Mt in June 2025.
Read more>>Vol 268 of 2025 The Monthly July