Zambia inflation rate for 2023 was 10.88%, a 0.11% decline from 2022.
Zambia inflation rate for 2022 was 10.99%, a 11.03% decline from 2021.
Zambia inflation rate for 2021 was 22.02%, a 6.29% increase from 2020.
Zambia inflation rate for 2020 was 15.73%, a 6.58% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
