Inflation Zimbabwe 2022
Average inflation: 101.9%
Current Inflation
Inflation is very high at 101.9%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 141.8%. The lowest inflation was in February at 60.0%.
- Highest month
- August: 141.8%
- Lowest month
- February: 60.0%
- Difference
- 81.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 93.7%. The lowest price increase was in Energy with an average of 93.7%.
- Highest increase
- Energy: 93.7%
- Lowest increase
- Energy: 93.7%
Historical Context
Current inflation is 121.0% lower than the 5-year average of 222.9%.
- 5-year average
- 222.9%
- 10-year average
- 111.3%
- All-time high (2020)
- 621.5%
- All-time low (2015)
- -2.4%
Trend
Inflation shows a downward trend. Compared to 2021, inflation has fallen by +41.4 percentage point.
- Change vs. previous year
- -41.4 percentage points
- Largest monthly swing
- January: -302.0 percentage points
ECB Target
Inflation is 99.9% 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 €201.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 60.6% | -302.0 |
| February | 60.0% | -261.6 |
| March | 60.7% | -179.8 |
| April | 73.4% | -120.7 |
| May | 83.8% | -78.1 |
| June | 108.8% | +2.2 |
| July | 136.3% | +79.9 |
| August | 141.8% | +91.6 |
| September | 136.7% | +85.1 |
| October | 129.6% | +75.1 |
| November | 120.1% | +61.7 |
| December | 110.7% | +50.0 |
| Average | 101.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.