Zambia Inflation Rises to 6.3% on Fuel
Zambia's yearly inflation rose to 6.3% in October from 6.1% in September, pushed up by fuel, hotels and bus fares, while food inflation eased. The post Zambia Inflation Rises to 6.3% on Fuel appeared first on The Rio Times .
Zambia's annual inflation rate climbed to 6.3% in October 2026, a 0.2 percentage point increase from the previous month, according to the national statistics agency ZamStats. The rise was primarily due to fuel prices, hotel services, and bus/taxi fares, rather than food prices. Statistician General Sheila Mudenda stated that the consumer price index showed a 6.3% increase in October 2026 compared to October 2025.
Food inflation eased slightly to 5.7% from 5.8%, while non-food inflation rose to 7.4% from 6.6%. The central bank's target range for inflation is 6% to 8%, and at 6.3%, October's figure remains within this band. This small increase gives the Bank of Zambia time to consider its policy rate before making any adjustments.
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