July inflation slides to -1.6 percent

July inflation slides to -1.6 percent

HARARE, August 15 (The Source) – Zimbabwe’s inflation for the month of July 2016 fell by
0.24 percentage points to -1.60 percent, the national statistics agency said on Monday.

On a month on month basis, the inflation rate in July was -0.19 percent – shedding 0.38 percentage points on the June 2016 rate of 0.19 percent, Zimstat said.