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Zambia's Inflation Drops to 12.6%, Kwacha Strengthens

8/29/2025

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Summary

Story summary

Zambia's annual inflation decreased to 12.6% in August from 13% in July.
Food inflation fell to 14.9%, and non-food inflation decreased to 9.3%.
The kwacha strengthened nearly 19% against the dollar, reducing import costs.
The Bank of Zambia expects inflation to reach its 6-8% target by early 2026.

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Story summary

Zambia's annual inflation decreased to 12.6% in August from 13% in July.
Food inflation fell to 14.9%, and non-food inflation decreased to 9.3%.
The kwacha strengthened nearly 19% against the dollar, reducing import costs.
The Bank of Zambia expects inflation to reach its 6-8% target by early 2026.