UK Inflation Vs Zimbabwe Inflation

UK Inflation Vs Zimbabwe Inflation

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nickmac209

Original Poster:

111 posts

197 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

256 months

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

Fittster

20,120 posts

214 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

184 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

260 months

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

eldar

21,798 posts

197 months

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

nickmac209

Original Poster:

111 posts

197 months

Tuesday 18th January 2011
quotequote all