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Zambia Faces Record Inflation as Food Prices Surge to New Highs
7 hours ago
Zambia is grappling with significant economic challenges as inflation reaches a staggering 39-month high, driven predominantly by a steep increase in food prices. The recent data released by the Zambian statistics agency reveals an alarming year-on-year inflation rate of 34.9% for February 2025, an uptick from 29.8% recorded the previous month. This surge represents the highest level of inflation seen in nearly three years, putting immense pressure on the socioeconomic landscape of the nation.
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