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Zambia inflation drops to 9.4% in January as stronger kwacha ease prices

A woman selling bananas in a market. Photo by Andrew Itaga @ Unsplash
A woman selling bananas in a market. Photo by Andrew Itaga @ Unsplash
  • Inflation hits lowest level in over five years
  • Food prices and fuel costs drive slowdown

 

LUSAKA, ZAMBIA – Zambia’s annual inflation fell to a five-year low in January, easing to single digits as improved harvests and a firmer currency helped cool food and non-food prices.

Zambia recorded an annual inflation rate of 9.4% in January, down from 11.2% in December 2025, the lowest level in more than five years, official data showed on Wednesday.

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