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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 inflation decreased for Lusaka (13.5% from 13.9%) and North-western Provinces (13.4% from 13.9%); (see Table 3).
| Central | Copperbelt | Eastern | Luapula | Lusaka | Northern | North- Western | Southern | Western |
Weight | 107.19 | 219.68 | 88.98 | 50.60 | 283.89 | 65.72 | 32.33 | 109.19 | 42.42 |
Nov-23 | 13.7 | 11.7 | 10.2 | 13.6 | 14.1 | 12.8 | 13.0 | 12.3 | 14.7 |
Dec-23 | 12.7 | 11.9 | 11.4 | 11.6 | 14.9 | 13.1 | 12.6 | 12.4 | 15.2 |
Jan-24 | 12.6 | 12.6 | 12.3 | 12.7 | 13.6 | 11.1 | 16.3 | 14.2 | 15.5 |
Feb-24 | 15.8 | 12.8 | 12.0 | 13.1 | 13.3 | 10.0 | 13.8 | 14.0 | 20.6 |
Mar-24 | 15.9 | 13.0 | 13.6 | 13.3 | 12.5 | 10.1 | 14.0 | 15.7 | 23.0 |
Apr-24 | 17.2 | 13.9 | 13.8 | 12.9 | 12.0 | 9.1 | 12.2 | 16.2 | 22.5 |
May-24 | 18.4 | 14.7 | 14.8 | 12.9 | 13.9 | 9.2 | 12.5 | 16.6 | 20.1 |
Jun-24 | 18.3 | 16.4 | 15.3 | 14.3 | 13.7 | 10.3 | 12.4 | 17.0 | 20.1 |
Jul-24 | 20.5 | 16.0 | 15.2 | 15.2 | 12.9 | 11.5 | 15.0 | 18.0 | 17.5 |
Aug-24 | 20.5 | 15.9 | 15.6 | 14.9 | 13.4 | 11.5 | 15.1 | 17.5 | 17.6 |
Sep-24 | 21.0 | 15.9 | 15.3 | 14.9 | 13.9 | 12.2 | 13.8 | 17.0 | 17.5 |
Oct-24 | 21.2 | 15.3 | 17.0 | 15.8 | 13.9 | 11.7 | 13.9 | 17.3 | 18.1 |
Novt-24 | 21.7 | 17.8 | 17.2 | 17.1 | 13.5 | 12.4 | 13.4 | 18.7 | 19.3 |
Source: ZamStats, 2024
Of the overall 16.5 percent annual inflation, Lusaka province contributed the highest at 4.0 percentage points followed by Copperbelt which contributed 3.7 percentage points. Central and Southern Provinces contributed 2.3 and 1.9 percentage points respectively while Northwestern province had the lowest contribution of 0.5 percentage points (see Table 4).
Province | Weight | Nov- 2023* | Dec- 2023* | Jan- 2024* | Feb- 2024* | Mar- 2024* | Apr- 2024* | May- 2024* | Jun- 2024* | Jul- 2024* | Aug- 2023* | Sep- 2024* | Oct- 2024* | Nov- 2024* |
National | 1,000.00 | 12.9 | 13.1 | 13.2 | 13.5 | 13.7 | 13.8 | 14.7 | 15.2 | 15.4 | 15.5 | 15.6 | 15.7 | 16.5 |
Central | 107.19 | 1.4 | 1.3 | 1.3 | 1.7 | 1.7 | 1.8 | 1.9 | 1.9 | 2.1 | 2.1 | 2.2 | 2.2 | 2.3 |
Copperbelt | 219.68 | 2.5 | 2.5 | 2.7 | 2.7 | 2.7 | 2.9 | 3.1 | 3.4 | 3.3 | 3.3 | 3.3 | 3.2 | 3.7 |
Eastern | 88.98 | 0.9 | 1.0 | 1.1 | 1.1 | 1.2 | 1.2 | 1.3 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 | 1.5 |
Luapula | 50.60 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 |
Lusaka | 283.89 | 4.1 | 4.3 | 4.0 | 3.9 | 3.7 | 3.5 | 4.1 | 4.0 | 3.8 | 3.9 | 4.1 | 4.1 | 4.0 |
Northern | 65.72 | 0.9 | 1.0 | 0.8 | 0.7 | 0.8 | 0.7 | 0.7 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 |
North- Western | 32.33 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Southern | 109.19 | 1.3 | 1.3 | 1.5 | 1.4 | 1.6 | 1.7 | 1.7 | 1.8 | 1.9 | 1.8 | 1.8 | 1.8 | 1.9 |
Western | 42.42 | 0.6 | 0.6 | 0.6 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |