UK Inflation Vs Zimbabwe Inflation
UK Inflation Vs Zimbabwe Inflation
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Discussion

nickmac209

Original Poster:

111 posts

226 months

Tuesday 18th January 2011
quotequote all
What's going on Zim inflation at 3.2% UK Inflation at 3.7% what the hell is BOE doing?

mybrainhurts

90,809 posts

285 months

Tuesday 18th January 2011
quotequote all
Think you'll find that's 3,200%, not 3.2%...

Fittster

20,120 posts

243 months

Tuesday 18th January 2011
quotequote all
HARARE Jan 18 (Reuters) - Zimbabwe's inflation slowed to 3.2 percent year-on-year in December 2010 from 4.2 percent in November, the Zimbabwe National Statistical Agency said on Tuesday.

On a month-on-month basis, inflation stood at -0.4 percent in December from 0.5 percent in November, Zimstats said in a statement. (Reporting by MacDonald Dzirutwe; editing by Jon Herskovitz) (Harare Newsroom: +263 4 799 112)

http://af.reuters.com/article/commoditiesNews/idAF...

F93

575 posts

213 months

Tuesday 18th January 2011
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Zimbabwe lost hyperinflation about a year ago. The now use the US Dollar and Rand instead of the Zimbabwean Dollar, hence inflation there isn't actually a great level anymore.


rs1952

5,247 posts

289 months

Tuesday 18th January 2011
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Linked to them abandoning the Zimbabwe dollar and starting to use US ones instead

eldar

25,300 posts

226 months

Tuesday 18th January 2011
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Governments aren't always entirely honest about the real inflation figure. Odd but truesmile

nickmac209

Original Poster:

111 posts

226 months

Tuesday 18th January 2011
quotequote all