Zimbabwe inflation nears 840%


A vendor sells groceries out of the back of his vehicle in Ruwa, Zimbabwe. Many Zimbabweans have seen their savings evaporate and still struggle to afford basic supplies, such as sugar and cornmeal. – EPA pic, August 15, 2020.

ZIMBABWE’S annual inflation rate soared to almost 840% last month, said the national statistics body today, adding to the country’s desperate economic woes.

The southern African nation has been grappling with more than a decade of hyperinflation triggered by economic mismanagement under former president Robert Mugabe, who was ousted by a military coup in 2017.


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