April inflation edges up to 0.48 pct

April inflation edges up to 0.48 pct

HARARE, May 15 (The Source)- Zimbabwe’s year on year inflation rate for the month of April gained 0.27 percentage points to 0.48 percent,  the statistics agency reported on Monday.    

Month on month the inflation rate was up 0.02 percentage points on the March 2017 rate of 0.03 percent to 0.05 percent, Zimstat said.

Inflation in the southern African nation is this year expected to average 1.1 percent.