Inflation monitor: Zimbabwe at 25.1% as price pressures moderate

Consumer price inflation in Zimbabwe stands at 25.1% year on year in the latest reading tracked by CBAN, easing from 28.6% in the prior reading.

The moderation gives the Reserve Bank of Zimbabwe more room for manoeuvre around its 35% policy rate. Across African consumer price baskets, food and non-alcoholic beverages typically carry the largest weight, followed by housing, utilities and transport — which is why harvests and fuel prices move headline inflation more here than in advanced economies.

Currency dynamics feed directly into the outlook. The Zimbabwe gold trades near 26.9 to the dollar, down 4.2% this year — a headwind that keeps imported costs elevated.

Real GDP growth is running at around 2%, and official reserves stand near $0.9 billion. The next scheduled RBZ rate decision is 4 September 2026.

CBAN tracks inflation across every African economy in the interactive inflation dashboard, updated as national statistical releases are incorporated into the dataset.