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Oct 10, 2019 · Hyperinflation is changing prices so quickly in Zimbabwe that what you see displayed on a supermarket shelf might change by the time you reach the checkout. “It is a nightmare,” Macheku said. “I can’t plan.”.
Aug 19, 2022 · With inflation jumping from 191% in June to 257% in July, many Zimbabweans fear the country is heading back to such hyperinflation. To prevent a return of such economic disaster, President Emmerson Mnangagwa’s government last month took the unprecedented step of introducing gold coins as legal tender.
Jul 3, 2020 · Hit by runaway hyperinflation and a rapidly devaluing currency, Zimbabweans are watching their earnings evaporate.
- Chris Muronzi
Jul 11, 2023 · ‘Greedflation’ Drives Spiraling Zimbabwe Prices, Government Says. Zimbabwe abandoned currency in 2009 after hyperinflation bout; Businesses are unjustifiably boosting prices, official says
Jun 26, 2023 · Zimbabwe’s annual inflation rate raced to triple digits for the first time in five months after multiple devaluations of the local currency led prices to surge.
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Is Zimbabwe heading back to hyperinflation?
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What is Zimbabwe's inflation rate?
Hyperinflation in Zimbabwe is an ongoing period of currency instability in Zimbabwe which, using Cagan's definition of hyperinflation, began in February 2007. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics.