Posted AT 10:56 AM EST on 16/04/08
Zimbabwe's runaway inflation hits 165,000 per cent
HARARE — Zimbabwe's annual rate of inflation soared to an all-time high of almost 165,000 per cent in February, according to the latest government statistics obtained Wednesday.
In a report seen by Agence France Press, the Central Statistical Office said year-on-year inflation for February stood at 164,900.3 per cent – an increase of 64,320.1 percentage points from the previous month.
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