ZWG monthly inflation edges up to 0.6% in June as annual rate rises to 4.7%

THE Zimbabwe Gold (ZWG) monthly inflation rate edged up to 0.6% in June 2026 from 0.5% recorded in May, according to the latest figures released by the Zimbabwe National Statistics Agency (ZimStat).

The latest inflation data comes at a time when global supply chains continue to face pressure from geopolitical tensions involving the United States, Israel and Iran, which have disrupted freight routes, pushed up raw material costs and heightened uncertainty in international trade.

According to ZimStat, the ZWG month-on-month inflation rate increased by 0.1 percentage points during the period.

“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 agency said.

On an annual basis, the ZWG inflation rate also rose.

“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,” said ZimStat.

Meanwhile, the United States dollar month-on-month inflation rate declined to 0.1% in June from 0.3% recorded in May.

“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 agency said.

The annual US dollar inflation rate, however, increased to 3.1%.

“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 2026 rate of 2.8 percent,” ZimStat said.

The weighted month-on-month inflation rate eased to 0.2% in June from 0.4% recorded in May.

“The weighted year-on-year inflation rate (annual percentage change) for the month of June 2026 as measured by the all-items Weighted Consumer Price Index (CPI), was 3.5 percent, gaining 0.3 percentage points on the May 2026 rate of 3.2 percent,” added ZimStat.