ZimStat rethinks inflation benchmarks

THE Zimbabwe National Statistics Agency (ZimStat) says the blended consumer price index (CPI) is the best indicator of the country’s inflation and should be adopted as the official benchmark.

Blended CPI tracks price movements in both the Zimbabwe dollar and the US dollar. ZimStat computes both blended and ZWL CPIs, but Zimbabwe uses the latter as an official benchmark for inflation even though the country has adopted a multicurrency