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    Thursday, June 4
    Inside Africa

    Zambia Inflation Rate Softens to Near 1-Year Low

    Ogochukwu NdubuisiBy No Comments1 Min Read
    Zambia Inflation Rate Softens to Near 1-Year Low
    Hakainde Hichilema, President Zambia

    Zambia Inflation Rate Softens to Near 1-Year Low

    Zambia’s annual inflation rate fell to a near one-year low of 15.3% in May 2025, easing from 16.5% in each of the previous two months. Food inflation decelerated for the third month to 17.9%, from April’s 18.7%, as favourable rainfall helped bring down corn meal and vegetable prices.

    On a monthly basis, consumer prices rose by 0.3% in May, decelerating from a 1% increase in the prior month. Recall that the Central Bank of Zambia kept its benchmark interest rate unchanged at 14.5% during its regular meeting on May 23rd, 2025, after two consecutive hikes of 50 bps in February and November.

    The annual inflation was at the softest in five months, but still well above the central bank’s 6%-8% target range. #Zambia Inflation Rate Softens to Near 1-Year Low# Kenya Inflation Declines to 3.8% in May

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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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