Zimbabwe Inflation Eases as Currency Reforms Gain Traction

JHNews || Harare, September 2025 — Zimbabwe recorded a sharp slowdown in price growth in August, signaling that recent currency reforms are beginning to stabilize the economy.

The local ZiG currency posted month-on-month inflation of just 0.4%, down from 1.6% in July, while food prices slipped into negative territory. The U.S. dollar-based Consumer Price Index, which covers a large share of urban spending, registered 0.0% inflation, offering relief to dollar earners.

Economists credit the deceleration to tighter monetary discipline, structural reforms by the Reserve Bank of Zimbabwe, and improved agricultural supply chains.

Despite the gains, annual ZiG inflation remains high at 93.8%, though officials attribute part of that to lingering statistical effects from past instability. The overall weighted annual inflation combining ZiG and U.S. dollar prices stood at a more moderate 27.6%.

Analysts say that if the trend continues, Zimbabwe could reach its most stable inflation profile in over a decade by 2026.