Current inflation Zimbabwe 77.2%
August 2023
Current Inflation
Inflation is very high at 99.7%, far above the ECB target.
Historical Context
Current inflation is 141.0% lower than the 5-year average of 240.7%.
- 5-year average
- 240.7%
- 10-year average
- 121.1%
- All-time high (2020)
- 621.5%
- All-time low (2015)
- -2.4%
Trend
Inflation shows a downward trend. Compared to 2022, inflation has fallen by +2.2 percentage point.
ECB Target
Inflation is 97.7% 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 €199.70 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 99.7%
- Last year
- 101.9%
- 5-year average
- 99.7%
- All-time high (2020)
- 621.5%