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Hating Inflation? Follow Zimbabwe's Playbook to Make it Go Away.
In: Bloomberg.com, 2023-09-29, S. N.PAG
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Zugriff:
(Bloomberg) -- Zimbabwe, long a poster child for runaway inflation, has raised eyebrows by declaring a dramatic slowdown in price pressures. The statistics agency said the new inflation measure now takes into account the widespread use of US dollars in the economy, which account for 80% of transactions over the local dollar. The Reserve Bank of Zimbabwe's monetary policy committee on Thursday expressed "satisfaction" at the inflation trajectory for the rest of the year, which in June stood at 175.8%. [Extracted from the article]
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Hating Inflation? Follow Zimbabwe's Playbook to Make it Go Away.
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Autor/in / Beteiligte Person: | Ndlovu, Ray |
Zeitschrift: | Bloomberg.com, 2023-09-29, S. N.PAG |
Veröffentlichung: | 2023 |
Medientyp: | serialPeriodical |
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