Inflation Zimbabwe 2018
Average inflation: 10.5%
Current Inflation
Inflation is very high at 10.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 42.1%. The lowest inflation was in April at 2.6%.
- Highest month
- December: 42.1%
- Lowest month
- April: 2.6%
- Difference
- 39.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 1.0%. The lowest price increase was in Energy with an average of 1.0%.
- Highest increase
- Energy: 1.0%
- Lowest increase
- Energy: 1.0%
Historical Context
Current inflation is 9.0% higher than the 5-year average of 1.5%. This approaches the highest level since records began (10.5% in 2018).
- 5-year average
- 1.5%
- 10-year average
- 2.1%
- All-time high (2018)
- 10.5%
- All-time low (2015)
- -2.4%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +9.6 percentage point.
- Change vs. previous year
- +9.6 percentage points
- Largest monthly swing
- December: +38.6 percentage points
ECB Target
Inflation is 8.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €110.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 3.5% | +4.2 |
| February | 3.0% | +3.0 |
| March | 2.8% | +2.6 |
| April | 2.6% | +2.1 |
| May | 2.6% | +1.8 |
| June | 3.0% | +2.8 |
| July | 4.3% | +4.1 |
| August | 4.8% | +4.6 |
| September | 5.4% | +4.6 |
| October | 20.9% | +18.7 |
| November | 31.0% | +28.0 |
| December | 42.1% | +38.6 |
| Average | 10.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.