Zambia inflation eases to 8.1 pct in Nov

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Published : November 24th, 2011
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USA Today, in its November 24, 2011 article, reports that Zambia inflation eases to 8.1 pct in Nov.

Extract :

 

 

 

 

LUSAKA (Reuters) - Inflation in Zambia fell to 8.1 percent in November from 8.7 percent in October due mainly to a reduction in fuel prices introduced by new President Michael Sata, its statistics agency said on Thursday.

 A poll of 10 analysts surveyed by Reuters this week said inflation in Africa's biggest copper producer should average 9 percent in 2011, before slowing to an average of 7.9 percent in 2012.

 Chibamba Kanyama, a member of the Economic Association of Zambia, said inflation was likely to remain stable in the next few months despite an expected increase in consumption in the final month of the year.

 

 

Read the rest of the article at USA Today
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