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2024

Zimbabwe's inflation remains subdued after new currency launch

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HARARE, July 26 (Xinhua) -- Zimbabwe's newly-introduced currency, the Zimbabwe Gold (ZiG), continues to hold the country's inflation steady, with authorities optimistic that inflationary pressures will remain subdued until the end of the year.

According to inflation data released by the Zimbabwe National Statistics Agency (ZIMSTAT) Friday, the ZiG month-on-month inflation rate in July this year was -0.1 percent