Zambia Inflation Rate

Last Release

Mar 31, 2025

Actual

16.5

Units In

16.8

Frequency

Monthly

Next Release

Apr 24, 2025

Time to Release

26 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
24.6 Jun 2021	6 Dec 2011	11.14 %	2005-2025	N/A

In Zambia, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (54 percent of total weight); Housing and Utilities (11 percent); Furnishings, Household Equipment and Routine Maintenance of the House (8 percent) and Clothing and Footwear (8 percent). Others include: Transport (6 percent); Miscellaneous Goods and Services (5 percent) and Education (3 percent). Alcoholic Beverages and Tobacco, Recreation and Culture, Communications, Health and Restaurants and Hotels account for the remaining 5 percent of total weight. .

Latest Updates

Zambia's annual inflation rate eased to 16.5% in March 2025, from 16.8% in the prior month, which was the steepest since November 2021. This was the first slowdown in inflation since June 2023, as favorable rains led to a more modest increase in food prices (18.9% vs 20.6% in February). Meanwhile, non-food inflation accelerated to 13.2% from 11.7% in February. On a monthly basis, consumer prices rose by 1%, slowing from a 2.4% increase in the previous month.