The food inflation rate in Zimbabwe stood at almost 339.73 percent in September 2022 compared to the same month one year prior. Before the period observed, Zimbabwe was already facing hyperinflation and an economic recession. The coronavirus (COVID-19) pandemic did not make it any easier, exacerbating the problem further in 2020. However, the country implemented some reforms to the foreign exchange market along with the widening of the tax base in 2020, which helped reduce the overall inflation rate. It is worth noting that a new Zimbabwean dollar was introduced in 2019 after its older counterpart was suspended in 2009.
Inflation rate for food in Zimbabwe from January 2019 to September 2021
(compared to the previous year)
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FAO. (December 23, 2022). Inflation rate for food in Zimbabwe from January 2019 to September 2021 (compared to the previous year) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1309221/food-inflation-rate-in-zimbabwe/
FAO. "Inflation rate for food in Zimbabwe from January 2019 to September 2021 (compared to the previous year)." Chart. December 23, 2022. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1309221/food-inflation-rate-in-zimbabwe/
FAO. (2022). Inflation rate for food in Zimbabwe from January 2019 to September 2021 (compared to the previous year). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1309221/food-inflation-rate-in-zimbabwe/
FAO. "Inflation Rate for Food in Zimbabwe from January 2019 to September 2021 (Compared to The Previous Year)." Statista, Statista Inc., 23 Dec 2022, https://www.statista.com/statistics/1309221/food-inflation-rate-in-zimbabwe/
FAO, Inflation rate for food in Zimbabwe from January 2019 to September 2021 (compared to the previous year) Statista, https://www.statista.com/statistics/1309221/food-inflation-rate-in-zimbabwe/ (last visited November 26, 2024)
Inflation rate for food in Zimbabwe from January 2019 to September 2021 (compared to the previous year) [Graph], FAO, December 23, 2022. [Online]. Available: https://www.statista.com/statistics/1309221/food-inflation-rate-in-zimbabwe/
