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Inflation Hits 6.5% Low as Kwacha Gains, Copper Exports Surge

6/26/2026

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Story summary
  • Inflation fell to 6.5% in June 2026, the lowest level since early 2018.
  • Statistician-General Sheila Mudenda said inflation fell from 6.6% in May to 6.5% in June, a 0.1% rise.
  • Over the past six months inflation dropped 30.9% as the kwacha appreciated about 16% against the U.S. dollar.
  • Copper output hit 890,000 tons in 2025, with exports rising 10.9% to 155.3 thousand Mt in Jan-Feb 2026.