Zimbabwe inflation hits new high

Inflation in Zimbabwe hit a new high in July when official calculations put it at just under 400 percent, the government said on Wednesday.

The latest consumer price data released by the Central Statistical Office (CSO) put inflation in the troubled southern African country at 399,5 percent in July, almost double the rate of 208 percent in January this year.

"The year on year inflation rate for the month of July 2003 as measured by the all-items consumer price index increased to 399,5 percent, gaining 35 points on the June rate of 364,5 percent," CSO said.

Food inflation stood at 480 percent in July, gaining nearly 47 percentage points on the June rate. Non-food inflation rose 29 points to 358,4 percent for the month.

http://www.iol.co.za/index.php?click_id=68&art_id=qw1061380261740B255&set_id=1

http://darkerxdarker.tripod.com/index.html