Zimbabwe’s ZiG annual inflation rate fell again to 2.9 per cent in August from 3.2 per cent in July.
In an update on Tuesday, 26 August, the Zimbabwe National Statistics Agency (ZimStat) said ZiG month-on-month inflation remained stable at 0.1 per cent, unchanged from the previous month.
In US dollar terms, monthly inflation fell to 0.0 per cent in August from 0.3 per cent in July, while annual US dollar inflation remained unchanged at 3.1 per cent.
The agency attributed the continued low inflation in both ZiG and US dollar terms to ongoing exchange rate stability during the month.
Transport costs were the biggest driver of inflation this month.
Meanwhile, the Food Poverty Line for one person stood at ZiG923.07 in August 2026, while the Total Consumption Poverty Line for one person was ZiG1,344.
In a statement, Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu said the central bank was encouraged by the low single-digit inflation attained in January 2026 and sustained through to August 2026.
“This is indeed a clear testament that the prudent policies being pursued by the Authorities have been effective in continuously delivering price, currency and exchange rate stability in the economy,” said Mushayavanhu.
“Annual ZiG inflation stood at 2.9% in August 2026, the lowest single-digit inflation outturn since 1980 – a milestone achievement.”
