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35%  
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  • Zimbabwe Inflation Rate Hits 7,600 pc

    08/23/2007 5:29:37 PM PDT · by blam · 38 replies · 901+ views
    The Telegraph (UK) ^ | 8-23-2007 | Sebastien Berger
    Zimbabwe inflation rate hits 7,600 pc By Sebastien Berger, Southern Africa Correspondent Last Updated: 1:04am BST 23/08/2007 Zimbabwe issued its first official inflation statistics for three months yesterday, revealing a new record high and confirming the ineffectiveness of Robert Mugabe's price control campaign. Figures from Zimbabwe's Central Statistical Office showed inflation reached 7,634.8 per cent in July, the highest in the world. It was 7,251.1 per cent in June and 4,530 per cent in May, it added. The precision of the inflation numbers is remarkable given the chaos of the Zimbabwean economy and some analysts believe the real figure is...