In 2007, the IMF reports an inflation rate for Zimbabwe of -72.7% (annual percentual change using average consumer prices). This is not the only negative inflation that they report for this nation. However, as far as I know, Zimbabwe has suffered since long ago from hyperinflation. These data can be found in: https://www.imf.org/external/datamapper/PCPIPCH@WEO/ZWE?zoom=ZWE&highlight=ZWE
I would like to know why the IMF reports these negative data, as I have only found comments related to the hyperinflation in this nation.
Thank you in advance for your comments.
The IMF sometimes reports negative inflation (deflation) for Zimbabwe because official statistics may capture sharp currency appreciations, sudden declines in domestic demand, or methodological issues in price measurement after currency reforms, making reported consumer prices appear to fall even though underlying living costs remain high due to parallel market distortions.
Dear Dr. Arize, thank you for your comments. I really appreciate that you have taken your time to answer me.
- Badges
- Science topic
- Similar topics
- Social Psychology
- Attitude