Zambia: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 12.32 percent as of September 2025, a decline compared to the previous value of 12.64 percent. Historically, the average for Zambia from January 2013 to September 2025 is 11.92 percent. The minimum of 6.09 percent was recorded in December 2017, while the maximum of 24.61 percent was reached in June 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Statistical Office of Zambia
| Recent values | Zambia: Inflation, annual percent change in the CPI |
|---|---|
| 2025 Sep | 12.32 |
| 2025 Aug | 12.64 |
| 2025 Jul | 13.04 |
| 2025 Jun | 14.07 |
| 2025 May | 15.31 |
| 2025 Apr | 16.51 |
| 2025 Mar | 16.54 |
| 2025 Feb | 16.83 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 15.0 | 2024 | percent |
| Exchange rate regimes | 5 | 2022 | index points |
| USD exchange rate | 22.6993 | 10/2025 | Local Currency Units per USD |
| Money supply (broad money) | 185.02 | 7/2025 | billion |
| Consumer Price Index (CPI) | 530.9100 | 10/2025 | index points |
| Inflation, monthly | 0.50 | 9/2025 | percent |
| Inflation, annual | 12.32 | 9/2025 | percent |
| Private sector credit | 89.89 | 7/2025 | billion |
| Deposit interest rate | 7.45 | 9/2025 | percent |