December 2024 records a Trade Deficit

Latest News December 2024 records a Trade Deficit The country recorded a trade deficit of K3.3 billion in December 2024 compared to the surplus of K1.1 recorded in November 2024. (see Table10). Exports mainly comprising domestically produced goods, decreased by 14.2 percent from K31.5 billion in November 2024 to K27.0 billion in December 2024. […]
Provincial Annual Inflation Rates, January 2024 – January 2025 (%)

Latest News Provincial Annual Inflation Rates A disaggregation of the annual inflation by province shows that annual inflation during the month under review increased for Central (23.1% from 22.2%); Luapula (18.1% from17.5%); Lusaka (14.0% from 13.7%); Northern (12.4% from 12.0%) and Western Provinces (20.5% from 18.6%).Annual inflation decreased for Copperbelt (18.8% from 18.9%); Eastern (14.3% […]
Total Trade December 2024

Latest News Total Trade December 2024 The cumulative total trade from January to December 2024 was K587.6 billion while that of 2023 for the same period was K416.2 billion, representing a 41.2 percent increase (seeFigure 5). Figure 5: Cumulative Total Trade, (Jan- Dec) 2023 and 2024 (K’ Billions). Total Exports and Imports by Mode […]
Monthly Inflation, January 2024 – January 2025 (%)

Latest News Overall Monthly Inflation Rate at 2.1 Percent The overall monthly inflation for January 2025 was recorded at 2.1 percent compared with 1.2 percent recorded in the previous month. This outturn was mainly attributed to price movements in both food and non-food items (see Figure 3). Figure 3: Overall Monthly Inflation, January 2024- January […]
Year-on-Year Inflation for January 2025 remains at 16.7 Percent

Latest News Year-on-Year Inflation for January 2025 remains at 16.7 Percent Annual inflation for January 2025 was recorded at 16.7 percent same as that recorded in December, 2024. This means that on average, prices of goods and services increased by 16.7 percent between January 2024 and January 2025 (see Figure 1). This development was mainly […]
Annual Overall Inflation, December 2024 (%)

Latest News Year-on-Year Inflation for December 2024 at 16.7 Percent Annual inflation for December 2024 increased to 16.7 percent from 16.5 percent recorded in November, 2024. This means that on average, prices of goods and services increased by 16.7 percent between December 2023 and December 2024 (see Figure 2). This development was mainly attributed to […]
Economy Expands by 2.5%

Latest News Economy Expands by 2.5% Gross Domestic Product (GDP) estimates for the third quarter of 2024 show that the economy grew by 2.5 percent from 5.7 percent in the third quarter of 2023. This represents a slowdown in growth of 3.2 percent compared to the same quarter in 2023. These estimates are based on […]
October 2024 records a Trade Deficit

Latest News October 2024 records a Trade Deficit The country recorded a trade deficit of K3.1 billion in October 2024 compared to the deficit of K1.7 billion recorded in September 2024. (see Table 10). Exports mainly comprising domestically produced goods, increased by 5.6 percent from K24.2 billion in September 2024 to K25.6 billion in October […]
Total Trade October 2024

Latest News Total Trade October 2024 The cumulative total trade from January to October 2023 was K 337.3 billion while that of 2024 for the same period was K468.4 billion, representing a 38.9 percent increase (see Figure 4). Figure 4: Cumulative Total Trade, (Jan- Oct) 2023 and 2024 (K’ Billions). Total Exports and Imports by […]
Provincial Annual Inflation Rates, November 2023 – November 2024 (%)

Latest News Provincial Annual Inflation Rates A disaggregation of the annual inflation by province shows that annual inflation during the month under review increased for Central (21.7% from 21.2%); Copperbelt (17.8% from 15.3%); Eastern (17.2% from17.0%); Luapula (17.1% from15.8%); Northern Provinces (12.4% from 11.7%); Southern (18.7% from 17.3%) and Western Provinces (19.3% from 18.1%). Annual […]