Watch: Zimbabwe govt target double digit inflation by July

ZIMBABWE’S annual inflation has dropped from 800 percent last year to 194 percent by March this year.

With business confidence on a rebound, treasury is expecting year-on-year inflation to reach double digits by mid-year.
While the drop in inflation indicates that the rate at which prices are increasing has slowed down, it is also a rebound in production that is expected to consolidate current gains.