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Home Uncategorized Overall monthly inflation declined to 0.3% in August 2022
Uncategorized
ZamStats August 26, 2022

Overall monthly inflation declined to 0.3% in August 2022

Overall monthly inflation for August 2022 was recorded at 0.3 percent compared with 0.4 percent the previous month (see Figure 3). This outturn was mainly attributed to price decreases in some non-food items.

Figure 3: Overall Monthly Inflation, August 2021-August 2022 (%)

Monthly food inflation for August 2022 was 0.4 percent, an increase of 0.1 percentage points from 0.3 percent in July 2022. This development was mainly attributed to the general decrease in prices of items such as Vegetables (Rape, .Sweet potato leaves, lumanda, Cabbage, Tomatoes), Dried bream.

Monthly non-food inflation for August 2022 was recorded at 0.1 percent from 0.7 percent in July 2022. This outturn was mainly attributed to a slow down in price increases of non-food items such as Fuels & lubricants (Diesel, Petrol, Engine oil) and; Passenger transport by road (Mini bus fare, Coach fare,) (see Table 5).

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

Weight: Aug- 2021 Sep- 2021 Oct- 2021 Nov- 2021 Dec- 2021 Jan- 2022 Feb- 2022 Mar- 2022 Apr- 2022 May- 2022 June- 2022 July- 2022 Aug- 2022
Total 1,000.00 0.4 -0.5 0.4 0.6 0.6 2.6 1.7 0.8 0.7 0.8 0.9 0.4 0.3
Food 534.85 0.9 -0.8 0.4 0.9 0.7 3.1 1.9 0.9 1.1 0.9 1.2 0.3 0.4
Non- Food 465.15 -0.4 0.0 0.5 0.3 0.5 1.9 1.5 0.6 0.1 0.8 0.6 0.7 0.1

Read more

  • Vol-239-of-2023-The-Monthly-February.pdf
23
Designated Census dates – 18th August to 14th September 2022July 1, 2022
Annual Inflation to 9.8% in August 2022 from 9.9% in July 2022August 26, 2022

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