Zimbabwe: Economic Situation

(asked on 26th September 2019) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign and Commonwealth Affairs, what steps the British consulate in Zimbabwe is taking to compile accurate inflation data on the price of goods in that country.


Answered by
Dominic Raab Portrait
Dominic Raab
This question was answered on 3rd October 2019

The Zimbabwean economy faces severe challenges and the economic situation remains fragile. Our Embassy in Harare monitors developments closely, encouraging the government of Zimbabwe to implement the Staff Monitored Programme announced by the International Monetary Fund (IMF) on 31 May and protect the poorest.

Following the re-introduction of the Zimbabwe dollar the Zimbabwe National Statistics Agency suspended producing annual inflation figures until February 2020. However, they produce official monthly inflation data which can be used to estimate annual inflation. External partners, such as the IMF, also produce independent estimates of inflation.

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