March 11, 2019 / 9:27 AM / 2 months ago

Zimbabwe annual inflation to fall by as much as 15 pct by end of year - cenbank governor

HARARE, March 11 (Reuters) - Zimbabwe’s average annual inflation should fall to between 10 and 15 percent after it reached its highest level in a decade in January, central bank governor John Mangudya said on Monday.

Year-on-year inflation accelerated to 56.9 percent in January from 42.09 percent in December, propelled by increases in the price of basic goods and beer. (Reporting by MacDonald Dzirutwe; Editing by Toby Chopra)

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