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Provincial Annual Inflation Rates

A disaggregation of the annual inflation by province shows that annual inflation during the month under review increased for Central (21.0% from 20.5%); Lusaka (13.9% from 13.4%) and Northern Provinces (12.2% from 11.5%). Annual inflation decreased for Eastern (15.3% from15.6%); North-western (13.8% from 15.1%); Southern(17.0% from 17.5%) and Western Provinces (17.5% from 17.6). Copperbelt and Luapula  provinces remained the same at 15.9% and 14.9% respectively (see Table 3).

Table 3: Provincial Annual Inflation Rates, September 2023 – September 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

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

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

Source: ZamStats, 2024

Provincial Contributions to Overall Inflation of 15.6 Percent

Of the overall 15.6 percent annual inflation, Lusaka province contributed the highest at 4.1 percentage points followed by Copperbelt which contributed 3.3 percentage points. Central and Southern Provinces contributed 2.2 and 1.8 percentage points respectively while North-western province had the lowest contribution of 0.5 percentage points (see Table 4).

Table 4: Provincial Contribution to Overall Annual Inflation September 2023- September 2024 (%)

Province

Weight

Sep- 2023*

Oct- 2023*

Nov- 2023*

Dec- 2023*

Jan- 2024*

Feb- 2024*

Mar- 2024*

Apr- 2024*

May- 2024*

Jun- 2024*

Jul- 2024*

Aug- 2023*

Sep- 2024*

National

1,000.00

12.0

12.6

12.9

13.1

13.2

13.5

13.7

13.8

14.7

15.2

15.4

15.5

15.6

Central

107.19

1.2

1.3

1.4

1.3

1.3

1.7

1.7

1.8

1.9

1.9

2.1

2.1

2.2

Copperbelt

219.68

2.2

2.3

2.5

2.5

2.7

2.7

2.7

2.9

3.1

3.4

3.3

3.3

3.3

Eastern

88.98

1.1

1.0

0.9

1.0

1.1

1.1

1.2

1.2

1.3

1.4

1.4

1.4

1.4

Luapula

50.60

0.6

0.7

0.7

0.6

0.6

0.6

0.6

0.6

0.6

0.7

0.7

0.7

0.7

Lusaka

283.89

3.9

4.2

4.1

4.3

4.0

3.9

3.7

3.5

4.1

4.0

3.8

3.9

4.1

Northern

65.72

0.9

1.0

0.9

1.0

0.8

0.7

0.8

0.7

0.7

0.8

0.9

0.9

0.9

North-

Western

32.33

0.4

0.4

0.4

0.4

0.5

0.5

0.5

0.4

0.4

0.4

0.5

0.5

0.5

Southern

109.19

1.1

1.1

1.3

1.3

1.5

1.4

1.6

1.7

1.7

1.8

1.9

1.8

1.8

Western

42.42

0.6

0.6

0.6

0.6

0.6

0.9

1.0

0.9

0.9

0.9

0.8

0.8

0.8

Source: ZamStats, 2024

*Note: Figures may not add up to national total due to rounding off

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