HAVING gone through hyperinflation, Zimbabweans are no doubt acutely wary of even the slightest hint of any acceleration in prices. Although current inflation is nowhere near the mind-boggling 90 sextillion percent reported at the peak of hyperinflation in late 2008, prices have begun increasing at a faster rate than expected, bringing into doubt the achievability of the official target of 4,5% annual inflation.
Disappointingly, the major inflation drivers this year have been flawed policy decisions regarding public sector spending and import duties.
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