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Zimbabwe inflation soars to 10-year high of 97.85% year/year in May

Nuevos Vecinos, Madrid, España
Zimbabwe inflation soars to 10-year high of 97.85% year/year in May

HARARE, June 17 (Reuters) – Zimbabwe’s annual inflation raced to a 10-year high of 97.85% in May from 75.86% the previous month, the national statistics agency Zimstats said on Monday.

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On a monthly basis, prices rose 12.54% during the same period compared with 5.52% in April, Zimstats said (Reporting by MacDonald Dzirutwe Editing by Andrew Heavens)

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