Menu
A disaggregation of the annual inflation by province shows that annual inflation during the month under review increased for Eastern (15.6% from15.2%); Lusaka (13.4% from 12.9%); North-western (15.1% from 15.0%) and Western Province (17.6% from 17.5). Annual inflation decreased for Copperbelt (15.9% from 16.0%); Luapula (14.9% from 15.2%) and Southern Provinces (17.5% from 18.0%). Central and Northern provinces remained the same at 20.5% and 11.5% respectively (see Table 3).
Table 3: Provincial Annual Inflation Rates, August 2023 – August 2024 (%)
| 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 |
Aug-23 | 10.6 | 9.5 | 12.2 | 11.4 | 12.5 | 10.9 | 9.9 | 7.9 | 11.9 |
Sep-23 | 11.4 | 10.1 | 12.8 | 12.4 | 13.6 | 11.7 | 11.5 | 10.0 | 15.2 |
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 |
July-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 |
Of the overall 15.5 percent annual inflation, Lusaka province contributed the highest at 3.9 percentage points followed by Copperbelt which contributed 3.3 percentage points. Central and Southern Provinces contributed 2.1 and 1.8 percentage points respectively while Northwestern province had the lowest contribution of 0.5 percentage points (see Table 4).
Table 4: Provincial Contribution to Overall Annual Inflation August 2023- August 2024 (%)
Province | Weight | Aug – 2023* | Sep- 2023* | Oct- 2023* | Nov- 2023* | Dec- 2023* | Jan- 2024* | Feb- 2024* | Mar- 2024* | Apr- 2024* | May- 2024* | Jun- 2024* | July- 2024* | Aug- 2024* |
National | 1,000.00 | 10.8 | 12.0 | 12.6 | 12.9 | 13.1 | 13.2 | 13.5 | 13.7 | 13.8 | 14.7 | 15.2 | 15.4 | 15.5 |
Central | 107.19 | 1.1 | 1.2 | 1.3 | 1.4 | 1.3 | 1.3 | 1.7 | 1.7 | 1.8 | 1.9 | 1.9 | 2.1 | 2.1 |
Copperbelt | 219.68 | 2.0 | 2.2 | 2.3 | 2.5 | 2.5 | 2.7 | 2.7 | 2.7 | 2.9 | 3.1 | 3.4 | 3.3 | 3.3 |
Eastern | 88.98 | 1.1 | 1.1 | 1.0 | 0.9 | 1.0 | 1.1 | 1.1 | 1.2 | 1.2 | 1.3 | 1.4 | 1.4 | 1.4 |
Luapula | 50.60 | 0.6 | 0.6 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 |
Lusaka | 283.89 | 3.6 | 3.9 | 4.2 | 4.1 | 4.3 | 4.0 | 3.9 | 3.7 | 3.5 | 4.1 | 4.0 | 3.8 | 3.9 |
Northern | 65.72 | 0.8 | 0.9 | 1.0 | 0.9 | 1.0 | 0.8 | 0.7 | 0.8 | 0.7 | 0.7 | 0.8 | 0.9 | 0.9 |
North- Western | 32.33 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 |
Southern | 109.19 | 0.8 | 1.1 | 1.1 | 1.3 | 1.3 | 1.5 | 1.4 | 1.6 | 1.7 | 1.7 | 1.8 | 1.9 | 1.8 |
Western | 42.42 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 |