HARARE - Zimbabwe's annual inflation rate slowed
slightly to 602.5% in February from 622.8% in January, official figures showed.
The drop in consumer prices is the first this year, a year that the central bank
is certain inflation will drop to below 200%.
The decline in inflation figures, cited by state television "has been largely
due to the drop in non-food inflation".
Despite the drop the rate remains one of the highest in the world,\ translating
to almost three times the January 2003 rate of 208.1%.
The government in November last year predicted the southern African country's
inflation rate would hit 700% in the first three months of this year before
climbing down.
Zimbabwe has in recent years been in the throes of political, economic and
social instability.
AFP
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