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Zimbabwe Records Historic Single-Digit Inflation
Zimbabwe has recorded a major economic milestone after year-on-year inflation in the local currency, Zimbabwe Gold (ZiG), fell to single digits, reaching 4,1 percent in January, the first time since 1997.
Annual inflation measured in United States dollars also declined sharply to 1 percent during the same period, a development authorities say signals improving price stability and progress towards lasting macroeconomic stability.
In a statement yesterday, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube described the development as a historic achievement, noting that it comes after nearly three decades of high inflation in the domestic currency.
Annual inflation measured in United States dollars also declined sharply to 1 percent during the same period, a development authorities say signals improving price stability and progress towards lasting macroeconomic stability.
In a statement yesterday, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube described the development as a historic achievement, noting that it comes after nearly three decades of high inflation in the domestic currency.
Published January 28, 2026 at 10:22 AM
