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Vol 58 No 11

Published 26th May 2017


Zimbabwe

Inflation fears are back

A cash shortage threatens another crisis and the government is desperate to stop it affecting its 2018 poll prospects

Inflation has started to rise again since, in an economy dominated by the US dollar, the government introduced a de facto domestic currency at the end of last November. Although price rises have so far been small, rises of 0.6% in February triggered fears that the government may go on printing money. The increase fell to 1% in March. Zimbabwe had been suffering deflation for the previous 29 months.

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