Zimbabwe's inflation tops 1,200%
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Zimbabwe's inflation rate continues its upward surge, reaching a record high of 1,204.6% in August.
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Consumer Prices Index inflation, the Governmentâs target measure, fell to 1.3 per cent in August, down from 1.4 per cent in July.
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Zimbabwe's government announced a new law Saturday making it an offense to defy steep price cuts ordered in an effort to control runaway inflation and a growing economic crisis.
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British inflation was unchanged at an annual rate of 2.1 percent in December, official data showed on Tuesday.
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Twelve-month inflation pulled back to 2.7 percent in January after striking a record high point of 3.0 percent in December, official data has shown.
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WASHINGTON - Consumer prices rose just 0.1 percent in August, a sign that inflation poses no immediate risk to the economy.    The over-the-month-increase in the Consumer Price Index, the government's most closely watched inflation gauge, came after prices dipped by 0.1 percent in July, the Labor Department reported Thursday...
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BEIJING -- Chinese inflation rose to its highest level in more than two years in May, driven by soaring prices for pork and other food, according to government figures released Tuesday.
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Chinese consumer inflation reached 7.1% in January, the highest rate for 11 years, official figures show.
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Zimbabwean President Robert Mugabe bans all pay and price rises in a new bid to curb the country's runaway inflation.
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Twelve-month inflation remained at 1.6 percent in January for the second month in a row, as a drop in petrol prices offset higher food prices, official figures showed.
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The cost of living for an average urban family in Zimbabwe rose by 66 percent last month, the country&#39;s consumer watchdog said in its latest report Wednesday.
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Inflation slowed to an annual rate of 1.3 percent in August from 1.4 percent in July, well below the 2.0-percent target used by the Bank of England.
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The inflation rate unexpectedly fell further below its 2.0 percent government-set target in August as clothing and footwear retailers raised prices by less than a year ago, official data shows.
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More than 1,300 shop owners and business managers have been arrested in Zimbabwe as part of a crackdown on firms accused of flouting government-imposed price controls, police said Monday.
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Inflation reached a 27-month high while figures for growth suggested that the broader economy was not yet overheating.
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Inflation grew in November at its fastest pace in two years, as sky-high oil prices pushed up the costs of other products, while consumer purchases rose a bigger-than-expected 1.1 percent.
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Zimbabwe's inflation rate, already the highest in the world, has soared to a new high of 66,212.3 percent, according to official figures obtained by AFP on Thursday.