By AFP - November 18, 2003
Harare - Inflation in Zimbabwe rose by more than 70 points last month and now
stands at a record annual rate of 525.8 percent, the government said Tuesday.
Figures released by the central statistical offices showed that the annual rate
of inflation rose from 455.6 percent in September to 525.8 percent in October.
"This means that prices as measured by the all items consumer price index
increased by an average of 525.8 percent between October 2002 and October 2003,"
the statistics office said in a monthly report.
Zimbabwe's rate of inflation has been on a steep upward trend in recent years, from an average 55.9 percent in 2000 to 71.9 percent in 2001, 133.2 percent in 2002 and 525.8 percent so far this year. - AFP