Zambia’s Inflation Falls to 12.3% as Economy Shows Signs of Stability
Zambia Records Lowest Inflation in Two Years and Strong Trade Surplus Zambia’s economy is showing encouraging progress, with inflation declining for the third consecutive month. In September, the annual inflation rate fell to 12.3% from 12.6% in August, marking the lowest level in nearly two years and signaling improved economic stability.Strong Trade Performance Beyond inflation, Zambia is also recording gains in external trade. In August, the country achieved a K3.3 billion trade surplus, a sharp rise from July’s K400 million surplus. This improvement reflects stronger export performance and a healthier…
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