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Zimbabwe Inflation Rate

Latest consumer price index (CPI) data from the Reserve Bank of Zimbabwe — month-on-month and year-on-year

USD Inflation

February 2026

USD
Year-on-Year
0.9% 0.9%
Month-on-Month
0.1% 0.1%
CPI Index
122.8
CategoryYoYMoM
Food & Beverages-1.1%-0.0%
Non-Food1.9%0.2%
Overall0.9%0.1%

ZWG Inflation

February 2026

ZWG
Year-on-Year
3.8% 3.8%
Month-on-Month
0.1% 0.1%

USD vs ZWG Inflation Comparison

MetricUSDZWG
Year-on-Year (YoY)0.9%3.8%
Month-on-Month (MoM)0.1%0.1%

Period: February 2026

About Zimbabwe Inflation Data

Zimbabwe publishes inflation figures in two denominations: USD (US Dollar) and ZWG (Zimbabwe Gold). The data includes overall year-on-year (YoY) and month-on-month (MoM) inflation, as well as breakdowns for food and non-food categories. The consumer price index (CPI) measures the average change in prices paid by consumers for goods and services over time.

The USD inflation rate is particularly important for Zimbabweans as many goods and services are priced in US dollars. The ZWG inflation rate tracks price changes in the local Zimbabwe Gold currency, which tends to show higher volatility due to exchange rate movements.

Food inflation directly affects household budgets and is closely monitored as a measure of cost-of-living pressures. When food inflation exceeds overall inflation, it indicates disproportionate pressure on essential goods.

ZimRate tracks Zimbabwe inflation data automatically as it is published by the RBZ. Historical inflation data is available via our free public API at /api/v1/inflation/history.

Frequently Asked Questions

What is the current inflation rate in Zimbabwe?
As of February 2026, Zimbabwe's USD-denominated inflation is 0.9% year-on-year and 0.1% month-on-month. ZWG inflation is 3.8% YoY and 0.1% MoM.
Why does Zimbabwe have two inflation rates?
Zimbabwe measures inflation in two currencies: USD (US Dollar) and ZWG (Zimbabwe Gold). The USD rate reflects price changes for goods priced in US dollars, while the ZWG rate measures price changes in the local currency. Both are published by the Reserve Bank of Zimbabwe.
What is the difference between YoY and MoM inflation?
Year-on-year (YoY) inflation compares prices to the same month in the previous year, showing the annual trend. Month-on-month (MoM) inflation compares prices to the immediately preceding month, showing short-term price movements.
What is the CPI Index?
The Consumer Price Index (CPI) is a numerical measure that tracks the average change in prices paid by consumers for a basket of goods and services. A higher CPI means prices have increased. The CPI index is used to calculate both YoY and MoM inflation rates.
How often is Zimbabwe inflation data updated?
Zimbabwe inflation data is published monthly by the Zimbabwe National Statistics Agency (ZIMSTAT) in coordination with the Reserve Bank of Zimbabwe. ZimRate automatically tracks and publishes the data as soon as it becomes available.

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