ZamStats
September 1, 2023
Overall Monthly Inflation, August 2022-August 2023
Monthly Inflation Rates for Food and Non-Food Items
Monthly food inflation rate for August 2023 was recorded at 0.8 percent compared with 1.0 percent recorded in July 2023. This development was mainly attributed to general price movements for Fish (Fresh Kapenta, Dried Kapenta Mpulungu, Dried Kapenta Chisense and Pichards Lucky Star) and Vegetables (Rape, Lumanda, Spinach and Cassava Leaves, Tomatoes Green Beans, Egg Plant, Cucumber, Green Papper, Onion and Carrots). Â
Monthly non-food inflation rate for August 2023 was recorded at 0.8 percent compared to 0.7 percent recorded in July 2023. This outturn was mainly attributed to increases in prices of items such as Purchase of motor vehicles (Toyota corolla, Toyota Hilux) Fuels and Lubricants (Diesel, Petrol, Engine Oil, Brake Fluid) and Paraffin Purchases. Â (see Table 5). Â
Table 5: Overall Monthly Inflation Rate for Food and Non-Food Items, A 2022- August 2023 (%)
| Â | Weight:Â | Aug-
2022Â |
Sep-
2022Â |
Oct-
2022Â |
Nov-
2022Â |
Dec-
2022Â |
Jan –
2023Â |
Feb –
2023Â |
Mar –
2023Â |
Apr –
2023Â |
May – 2023Â | Jun –
2023Â |
July – 2023Â | Aug –
2023Â |
| Total | 1,000.00 | 0.3 | -0.4 | 0.2 | 0.7 | 0.8 | 2.1 | 1.9 | 1.0 | 0.9 | 0.6 | 0.8 | 0.9 | 0.8 |
| Food | 534.85 | 0.4 | -0.2 | 0.4 | 0.9 | 0.5 | 2.8 | 2.0 | 1.1 | 0.9 | 0.9 | 0.9 | 1.0 | 0.8 |
| Non-
Food |
465.15 | 0.1 | -0.6 | -0.2 | 0.5 | 1.1 | 1.1 | 1.9 | 0.9 | 1.0 | 0.2 | 0.7 | 0.7 | 0.8 |
Source: ZamStats, 2023
