Zambia Inflation Slows to Two-Year Low on Stronger Kwacha
The kwacha has appreciated almost 19% against the dollar this year.
Photographer: Luke Dray/BloombergZambia’s annual inflation eased to an almost two-year low in August as a stronger currency helped curb import costs.
Consumer prices rose 12.6% compared with 13% in July, Acting Statistician-General Sheila Mudenda told reporters Thursday in Lusaka, the capital.