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Zimbabwe annual inflation eases to 2.51% in January

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(Globalpost/GlobalPost)

Zimbabwe's annual inflation slowed to 2.51 percent in January, down from 2.91 percent the previous month due to drops in food and energy prices, the national statistics agency said on Friday.

Consumer prices increased 0.07 percent in January on a monthly basis, after increasing 0.13 percent in December.

Zimbabwe's annual inflation rate has remained below 5.0 percent since the country dumped its hyper-inflation ravaged Zimbabwean dollar for the US dollar and the South African rand in 2009.

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http://www.globalpost.com/dispatch/news/afp/130215/zimbabwe-annual-inflation-eases-251-january