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Home Uncategorized Overall Monthly Inflation Rate Increased to 0.2 Percent
Monthly Inflation, October 2021 – October 2022 (%)
Uncategorized
ZamStats November 2, 2022

Overall Monthly Inflation Rate Increased to 0.2 Percent

The overall monthly inflation for October 2022 was recorded at 0.2 percent compared with -0.4 percent the previous month (see Figure 10). This outturn was mainly attributed to price increases in both food and non-food items.

Figure 10: Overall Monthly Inflation, Oct 2021-Oct 2022 (%)

Monthly Inflation Rates for Food and Non-Food Items, October 2021- October 2022

Monthly food inflation for October 2022 was 0.4 percent, an increase of 0.6 percentage points from -0.2 percent in September 2022. This development was mainly attributed to general price increases for Fish (Buka Buka, Fresh Kapenta, Dried Bream-Medium size); Fruits (Oranges, Lemons, Bananas, Watermelon, Avocados); Vegetables (Rape, Pumpkin leaves, Spinach, Cabbage, Tomatoes, impwa, Sweet potatoes).  

Monthly non-food inflation for October 2022 was recorded at -0.2 percent from -0.6 percent in September 2022 (see Table 5). This outturn was mainly attributed to price increases for Fuels & lubricants (Diesel, Petrol, brake fluids); Transport Equipment (car battery, CV joints) and Hammer milling charge.

Table 5: Overall Monthly Inflation Rate for Food and Non-Food Items, Oct 2021-Oct 2022 (%)

Weight: Oct-

2021

Nov-

2021

Dec-

2021

Jan-

2022

Feb-

2022

Mar-

2022

Apr-

2022

May-

2022

June- 2022 July- 2022 July- 2022 Sep-

2022

Oct-

2022

 Total 1,000.00 0.4 0.6 0.6 2.6 1.7 0.8 0.7 0.8 0.9 0.4 0.3 -0.4 0.2
 Food 534.85 0.4 0.9 0.7 3.1 1.9 0.9 1.1 0.9 1.2 0.3 0.4 -0.2 0.4
 Non-Food 465.15 0.5 0.3 0.5 1.9 1.5 0.6 0.1 0.8 0.6 0.7 0.1 -0.6 -0.2
12
Provincial Annual Inflation Rates, 2022 (%)September 29, 2022
Year-on-Year Inflation for October 2022 at 9.7 PercentNovember 2, 2022Year-on-Year Inflation for October 2022 at 9.7 Percent

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