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Year-on-Year Inflation Rate for February 2025 at 16.8 Percent
Annual inflation for February 2025 increased to 16.8 percent from 16.7 percent recorded in January, 2025. This means that on average, prices of goods and services increased by 16.8 percent between February 2024 and February 2025 (see Figure 1). This development was mainly attributed to price movements in food items.
Figure 1: Annual Inflation Rate, February 2024 – February 2025 (%)
Annual Food and Non-Food Inflation
Annual food inflation for February 2025 was recorded at 20.6 percent compared to 19.2 percent in January 2024 (see Figure 2). This means on average prices of food items increased by 20.6 percent between February 2024 and February 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, Bun, Macaroni, Spaghetti, Bread Flour Imported); Meat (T-bone, Beef sausage, Mince Meat, Ox-liver, Offals, Goat Meat, 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); Fruit(Oranges, Bananas, Apples, Water Melon, Avocadoes).
The annual non-food inflation for February 2025 was recorded at 11.7 percent compared to 13.2 percent in January 2024. This outturn was mainly attributed to price movements in prices of non-food items such as Household appliances(Refrigerator, Stove/cooker, Microwave oven); Passenger transport by air (Air Fare Domestic, Air Fare Regional, Lusaka/London via Dubai) and Single room 3 & 5 star.
Figure 2: Annual Food and Non-Food Inflation, January 2024- January 2025 (%)
