Business Reporter
THE prudent policy position sustained by the Reserve Bank of Zimbabwe (RBZ) continues to pay off huge dividends with latest Zimbabwe National Statistics Agency (Zimstat) data showing a ZWG annual inflation rate decline to 3,8%.
Since taking over the helm in April 2024, the RBZ governor Dr John Mushayavanhu has pursued a highly disciplined stance driven by a tight monetary policy stance which has seen the ZWG currency maintaining sustained stability since late 2025 due to a combination of high gold prices, increased commodity-backed reserves.
Zimstat reported that during the month of February 2026 the ZWG month-on-month inflation rate was 0.1% gaining 0.1% on the January 2026 rate of 0.0 percent. This means that prices as measured by the all items ZWG CPI, increased by an average rate of 0.1 percent from January 2026 to February 2026.
The ZWG month-on-month Food and Nonalcoholic Beverages inflation rate was -0.1% in February 2026, shedding 0.2% on the January 2026 rate of 0.1%. The February 2026 ZWG month-on-month non-food inflation rate was 0.3 gaining 0.4% on the January 2026 rate of -0.1%.
“The ZWG year-on-year inflation rate (annual percentage change) for the month of February 2026 as measured by the all-items ZWG Consumer Price Index (CPI), was 3.8 percent, shedding 0.3 percentage points on the January 2026 rate of 4.1 percent. This means that prices as measured by the all items ZWG CPI, increased by an average rate of 3.8 percent from February 2025 to February 2026,” said Zimstat.
The USD month-on-month inflation rate for February 2026 was 0.1% shedding 0.1% on the previous month’s rate of 0.2%.
The USD year-on-year inflation rate (annual percentage change) for the month of February 2026 as measured by the all-items USD Consumer Price Index (CPI), was 0.9%, shedding 0.1% on the January 2026 rate of 1%.
