Monthly Bulletin CSO

The annual rate of inflation derived from the revised all items Consumer Price Index (CPI) reduced to 6.0 percent in February 2012, from 6.4 percent in January 2012. The reduction is mainly
attributed to reductions in prices of food and non alcoholic beverages.
Of the total 6.0 percent annual inflation rate in February 2011, food products accounted for 2.9 percentage points, while non-food products in the CPI accounted for 3.1 percentage points.

The annual food inflation rate was recorded at 5.5 percent in February 2012.
This is a decrease from 6.1 percent in January, 2012. Furthermore, the annual non-food inflation rate was recorded at 6.5 percent in February, 2012. This is a decrease from 6.8 percent recorded in January 2012.
A comparison of retail prices between January 2012 and February 2012, shows that the average price of a 25 kg bag of white breakfast mealie meal reduced by 2.1 percent, from K43,747 to K42,821, while the national average price of a 20 litre tin of maize grain reduced by 3.6 percent, from K19,428 to K18,732. The
national average price of 1kg of pumpkin leaves (vegetable) reduced by 6.3 percent, from K3,093 to K2,897.
The national average price of 1kg of tomatoes increased by 6.9 percent, from K4,165 to K4,453, while the
national average price of 1kg of dried beans increased by 3.0 percent, from K11,029 to K11,364.
Domestic air fares increased by 3.8 percent from K899,600 in January 2012 to K934,200 in February 2012 while the international airfare between Lusaka and London reduced by 17.2 percent from K6,434,200 in January 2012 to K5,324,400 in February 2012.
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