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
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 […]
Overall Monthly Inflation Rate at 1.6 Percent
Latest News Overall Monthly Inflation Rate at 1.6 Percent The overall monthly inflation for November 2024 was recorded at 1.6 percent compared with 0.8 percent recorded in the previous month. This outturn was mainly attributed to price movements in selected non-food items (see Figure 3). Figure 3: Overall Monthly Inflation, November 2023- November 2024 Monthly […]
Year-on-Year Inflation for November 2024 at 16.5 Percent
Latest News Year-on-Year Inflation for November 2024 at 16.5 Percent Annual inflation for November 2024 increased to 16.5 percent from 15.7 percent recorded in October, 2024. This means that on average, prices of goods and services increased by 16.5 percent between November 2023 and November 2024 (see Figure 1). This development was mainly attributed to […]
Total Trade September 2024
Latest News Total Trade September 2024 The cumulative total trade from January to September 2023 was K300.7 billion while that of 2024 for the same period was K412.8 billion, representing a 37.2 percent increase (see Figure 4). Figure 4: Cumulative Total Trade, (Jan- Sep) 2023 and 2024 (K’ Billions) Total Exports and Imports by Mode […]
September 2024 records a Trade Deficit
Latest News September 2024 records a Trade Deficit The country recorded a trade deficit of K1.3 billion in September 2024 compared to the deficit of K0.6 billion recorded in August 2024 (see Table10). Exports mainly comprising domestically produced goods, decreased by 3.8 percent from 24.6 billion in August 2024 to 23.7 billion in September 2024. […]
National Average Prices for Selected Products, October 2024
Latest News National Average Prices for Selected Products, October 2024 On a monthly basis retail prices between September 2024 and October 2024 showed that the national average price of a 25 kg bag of Breakfast Mealie Meal increased by 2.1 percent from K334.11 to K341.11. The price of a 25 kg bag of Roller Mealie […]