USD Month-on-Month Inflation Rate Down to 0.1%

The Zimbabwe Gold (ZWG) inflation rate inched higher in June, recording modest gains month-on-month and year-on-year, according to new figures released by ZIMSTAT on Friday, 26 June 2026.

The ZWG month-on-month inflation rate rose to 0.6% in June 2026, up from 0.5% in May. On an annual basis, ZWG inflation stood at 4.7% for June, compared with 4.4% the previous month.

“The ZWG month-on-month inflation rate was 0.6 percent in June 2026, gaining 0.1 percentage points on the May 2026 rate of 0.5 percent… The ZWG year-on-year inflation rate (annual percentage change) for the month of June 2026 as measured by the all-items ZWG Consumer Price Index (CPI), was 4.7 percent, gaining 0.3 percentage points on the May 2026 rate of 4.4 percent,” ZIMSTAT said.

ZIMSTAT said the June increase was driven mainly by the Housing, Water, Electricity, Gas and Other Fuels division, which saw notable price rises.

Meanwhile, USD inflation showed a mixed picture. The month-on-month USD rate fell to 0.1% in June, shedding 0.2 percentage points from May’s 0.3%. However, year-on-year USD inflation climbed to 3.1%, up from 2.8% in May 2025.

“The USD month-on-month inflation rate for June 2026 was 0.1 percent shedding 0.2 percentage points on the May 2026 rate of 0.3 percent… The USD year-on-year inflation rate (annual percentage change) for the month of June 2026 as measured by the all-items USD Consumer Price Index (CPI), was 3.1 percent, gaining 0.3 percentage points on the May 2025 rate of 2.8 percent,” the Agency said.

According to ZIMSTAT, the June uptick in the USD index was largely due to price increases in the Furniture and Equipment division.

Month-on-month inflation measures the change in prices from May to June, while year-on-year compares June 2026 prices with those from June 2025.

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Zimbabwe’s US Dollar Inflation Slows To 0.3% In May ZiG Annual Inflation Drops To 3.2% In July