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Year-on-Year Inflation for January 2025 remains at 16.7 Percent
Annual inflation for January 2025 was recorded at 16.7 percent same as that recorded in December, 2024. This means that on average, prices of goods and services increased by 16.7 percent between January 2024 and January 2025 (see Figure 1). This development was mainly attributed to price movements in food items.
Figure 1: Annual Inflation Rate, January 2024 – January 2025 (%)
Annual food inflation for January 2025 was recorded at 19.2 percent compared to 18.6 percent in December 2024 (see Figure 2). This means on average prices of food items increased by 19.2 percent between January 2024 and January 2025. This was mainly attributed to increases in prices of food items such as Bread and cereals (Breakfast Mealie Meal, Roller Mealie Meal, Maize grain, Samp, Rice Local, Rice Imported, Bread, Bun, Bread Flour Imported); Meat (Rump Steak, Brisket, Mixed Cut, T-bone, Beef sausage, Mince Meat, Ox-liver, Offals, chicken live, Chicken
frozen); Fish(Frozen Fish, Buka Buka, Fresh Kapenta, Dried Bream-Medium Sized- Opened, Dried Kapenta Mpulungu, Dried Kapenta Siavonga, Dried Kapenta Chisense); Eggs and Sugar.
The annual non-food inflation for January 2025 was recorded at 13.2 percent compared to 14.2 percent in December 2024. This outturn was mainly attributed to price movements in prices of non-food items
such as Furniture and Furnishings (Wooden bed frame, 3 piece lounge suite, Coffee table, Dining Suite); Glassware and household utensils (Ceramicware -plate, Glassware (Mug), Cutlery (knife/Fork), Silver plate, Frying Pan); Phamarceuticles Products (Ampicillin, Cafenol, Aspirin, Paracetamol, Medix cough syrup, No cough, Tetracycline, Throat lozenges (Vicks kingo), Multivitamin); Red Wine and Sparkling Wine.