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Zimbabwe inflation hits 2.2 million percent
Posted: 16 July 2008 2319 hrs

 
 
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HARARE : Zimbabwe's annual rate of inflation has hit a new record high of 2.2 million percent, the central bank's governor Gideon Gono said on Wednesday.

"Statistics provided by the CSO (central statistical office) indicate that it is now at 2.2 (million percent)," Gono said in a speech in Harare.

The figure is the first from the authorities in Zimbabwe since the announcement of the rate for February, when it was put at around 165,000 percent.

- AFP /ls

 

 
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