Zim inflation hits record high

18 October 2007 - 02:00
By unknown

Zimbabwe's Central Statistical Office reported annualised inflation rose to 7982,1percent in September from 6592,8percent in August. Experts estimate it is actually much higher. "The (inflation) figures don't matter, what matters is to stay alive and that's what we are trying to do here," one foreign currency trader said. - Reuters

Zimbabwe's Central Statistical Office reported annualised inflation rose to 7982,1percent in September from 6592,8percent in August. Experts estimate it is actually much higher. "The (inflation) figures don't matter, what matters is to stay alive and that's what we are trying to do here," one foreign currency trader said. - Reuters