Zambia’s inflation rises due to food costs

Zambia’s inflation rises due to food costs

Zambia’s inflation quickened to 6.7 percent year-on-year in June from 6.6 percent in May, the Central Statistics Office said on Thursday.

“The increase is attributed to increases in some food prices,” CSO director John Kalumbi told reporters.

“Zambia recorded a trade surplus valued at 278.3 billion kwacha ($53.73 million) in May 2012 compared to 129.6 billion kwacha in April 2012,” Kalumbi said.

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