Once Famed for Hyperinflation, Zimbabwe Suspends Inflation Data
- Statistics agency halts publication of annual inflation data
- Zimbabwe abandoned peg to U.S. dollar in February this year
A man holds Zimbabwean Dollar Bond Notes in Harare, Zimbabwe.
Photographer: Dan Kitwood/Getty Images
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Zimbabwe, suffering the world’s second-highest inflation rate, won’t publish price data for the next six months as unrest mounts over surging costs and shortages.
The Zimbabwe National Statistics Agency won’t report year-on-year inflation figures until February 2020, Finance Minister Mthuli Ncube told lawmakers Thursday in the capital, Harare. That’s to allow the body to collect comparable data after the introduction of a new currency earlier this year.