A disaggregation of the annual inflation by province shows that annual inflation during the month under review increased for Central (21.2% from 21.0%); Eastern (17.0% from15.3%); Luapula (15.8% from14.9%); North-western (13.9% from 13.8%); Southern (17.3% from 17.0%) and Western Provinces (18.1% from 17.5%). Annual inflation decreased for Copperbelt (15.3% from 15.9%) and Northern Provinces (11.7% from 12.2%); Lusaka Province remained the same at 13.9 percent (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 |
Oct-23 | 12.9 | 10.9 | 10.5 | 13.9 | 14.5 | 13.1 | 11.9 | 10.9 | 14.9 |
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 |
Source: ZamStats, 2024
Of the overall 15.7 percent annual inflation, Lusaka province contributed the highest at 4.1 percentage points followed by Copperbelt which contributed 3.2 percentage points. Central and Southern Provinces contributed 2.2 and 1.8 percentage points respectively while Northwestern province had the lowest contribution of 0.5 percentage points (see Table 4).
Province | Weight | Oct- 2023* | Nov- 2023* | Dec- 2023* | Jan- 2024* | Feb- 2024* | Mar- 2024* | Apr- 2024* | May- 2024* | Jun- 2024* | Jul- 2024* | Aug- 2023* | Sep- 2024* | Oct- 2024* |
National | 1,000.00 | 12.6 | 12.9 | 13.1 | 13.2 | 13.5 | 13.7 | 13.8 | 14.7 | 15.2 | 15.4 | 15.5 | 15.6 | 5.7 |
Central | 107.19 | 1.3 | 1.4 | 1.3 | 1.3 | 1.7 | 1.7 | 1.8 | 1.9 | 1.9 | 2.1 | 2.1 | 2.2 | 2.2 |
Copperbelt | 219.68 | 2.3 | 2.5 | 2.5 | 2.7 | 2.7 | 2.7 | 2.9 | 3.1 | 3.4 | 3.3 | 3.3 | 3.3 | 3.2 |
Eastern | 88.98 | 1.0 | 0.9 | 1.0 | 1.1 | 1.1 | 1.2 | 1.2 | 1.3 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 |
Luapula | 50.60 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 |
Lusaka | 283.89 | 4.2 | 4.1 | 4.3 | 4.0 | 3.9 | 3.7 | 3.5 | 4.1 | 4.0 | 3.8 | 3.9 | 4.1 | 4.1 |
Northern | 65.72 | 1.0 | 0.9 | 1.0 | 0.8 | 0.7 | 0.8 | 0.7 | 0.7 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 |
North- Western | 32.33 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 |
Southern | 109.19 | 1.1 | 1.3 | 1.3 | 1.5 | 1.4 | 1.6 | 1.7 | 1.7 | 1.8 | 1.9 | 1.8 | 1.8 | 1.8 |
Western | 42.42 | 0.6 | 0.6 | 0.6 | 0.6 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 |