The Zambia Institute for Policy Analysis and Research says the recent reduction in inflation rate was as a result of slow rate in the increase prices.
ZIPAR Research Fellow in Public Finance Shebo Nalishebo says the observations made by various stakeholders are valid but has corrected that inflation rate as announced reflects the rate of increase in price change.
On Monday, the Jesuit center for theological reflection JCTR observed that the inflation rate does not correspond to the current levels of cost of living.
Inflation Drop Explained
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