Zimbabwe consumer prices fall 2.2 pct yr-on-yr in Jan

Zimbabwe’s consumer prices fell by 2.19 percent year-on-year in January following a 2.47 percent decline in December, statistical agency Zimstats said on Monday.

On a month-on-month basis, prices fell 0.05 percent compared with a 0.11 percent decline in the previous month.

The World Bank said on Feb. 3. that Zimbabwe’s year-on-year inflation was forecast to average -1.7 percent in 2016 compared to -2.2 percent last year.