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Zambia’s 7% rebound hides risks behind inflation relief

Makkala nguzu Market, Choma, Zambia. Photo by Seiko Yamada @ Unsplash
Makkala nguzu Market, Choma, Zambia. Photo by Seiko Yamada @ Unsplash

Justice Nwafor

Justice Nwafor is an award-winning journalist covering finance, energy, climate, and economic development across the region.
  • Inflation eased to 6.1%, but prices remain 54% higher than four years ago.
  • Economic growth reached 7.2%, driven by agriculture and mining

 

LUSAKA, ZAMBIA – Zambia’s economy grew more than 7% in the second quarter as inflation approached the central bank’s target, but the recovery remains uneven.

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