PMRC BLOG – Understanding Drivers Behind Reduced Inflation In Zambia
By PMRC Researchers – Emmanuel Mumba and Mabvuto Lungu INTRODUCTION Over the period 2019 to 2021, inflation in Zambia has been higher than the 6-8 percent target range. Inflation averaged 9.1 percent in 2019, 15.6 percent in 2020 and rose further to an average of 22.1 percent in 2021. Inflation is a broad measure involving […]