COVID-19, Inflation Plunging Zimbabweans Deeper Into Poverty

Zimbabwe's inflation rose to 785.55% year-on-year in May from 765.57% the previous month, Zimstat has announced, as citizens grapple with rising prices of basic goods and a weakening currency. Zimbabwe reintroduced its own currency in 2019 after a 10-year hiatus, caused by the scrapping of the Zimbabwe dollar in 2009 after a bout of hyperinflation.

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