Thursday, 24 September 2026Lusaka, Zambia
Zambia's Independent Voice on Technology, Economics & Markets
Prices & Inflation

Inflation

Year-on-year change in the all-items consumer price index.

6.2%Aug 2026−0.30 ppon the month−6.40 ppon the year
12-month average8.6
Record high24.6Jun 2021
Record low6.0Dec 2011
Observations187since Jan 2011

Inflation, Jan 2011 to Aug 2026

051015202530201120132015201720192021202320256.2

Show the numbers
MonthInflation (%)
Aug 20266.2
Jul 20266.5
Jun 20266.5
May 20266.6
Apr 20266.8
Mar 20267.1
Feb 20267.5
Jan 20269.4
Dec 202511.2
Nov 202510.9
Oct 202511.9
Sep 202512.3
Aug 202512.6
Jul 202513.0
Jun 202514.1
May 202515.3
Apr 202516.5
Mar 202516.8
Jan 202516.7
Dec 202416.7
Nov 202416.5
Oct 202415.7
Sep 202415.6
Aug 202415.5
Jul 202415.4
Jun 202415.2
May 202414.7
Apr 202413.8
Mar 202413.7
Feb 202413.5
Jan 202413.2
Dec 202313.1
Nov 202312.9
Oct 202312.6
Sep 202312.0
Aug 202310.8
Jul 202310.3
Jun 20239.8
May 20239.9
Apr 202310.2
Mar 20239.9
Feb 20239.6
Jan 20239.4
Dec 20229.9
Nov 20229.8
Oct 20229.7
Sep 20229.9
Aug 20229.8
Jul 20229.9
Jun 20229.7
May 202210.2
Apr 202211.5
Mar 202213.1
Feb 202214.2
Jan 202215.1
Dec 202116.4
Nov 202119.3
Oct 202121.1
Sep 202122.1
Aug 202124.4
Jul 202124.6
Jun 202124.6
May 202123.2
Apr 202122.7
Mar 202122.8
Feb 202122.2
Jan 202121.5
Dec 202019.2
Nov 202017.4
Oct 202016.0
Sep 202015.7
Aug 202015.5
Jul 202015.8
Jun 202015.9
May 202016.6
Apr 202015.7
Mar 202014.0
Feb 202013.9
Jan 202012.5
Dec 201911.7
Nov 201910.8
Oct 201910.7
Sep 201910.5
Aug 20199.3
Jul 20198.8
Jun 20198.6
May 20198.1
Apr 20197.7
Mar 20197.5
Feb 20197.8
Jan 20197.9
Dec 20187.9
Nov 20187.8
Oct 20188.3
Sep 20187.9
Aug 20188.1
Jul 20187.8
Jun 20187.4
May 20187.8
Apr 20187.4
Mar 20187.1
Feb 20186.1
Jan 20186.2
Dec 20176.1
Nov 20176.3
Oct 20176.4
Sep 20176.6
Aug 20176.3
Jul 20176.6
Jun 20176.8
May 20176.5
Apr 20176.7
Mar 20176.7
Feb 20176.8
Jan 20177.0
Dec 20167.5
Nov 20168.8
Oct 201612.5
Sep 201618.9
Aug 201619.6
Jul 201620.2
Jun 201621.0
May 201621.3
Apr 201621.8
Mar 201622.2
Feb 201622.9
Jan 201621.8
Dec 201521.1
Nov 201519.5
Oct 201514.3
Sep 20157.7
Aug 20157.3
Jul 20157.1
Jun 20157.1
May 20156.9
Apr 20157.2
Mar 20157.2
Feb 20157.4
Jan 20157.7
Dec 20147.9
Nov 20148.1
Oct 20147.9
Sep 20147.8
Aug 20148.0
Jul 20148.0
Jun 20147.9
May 20147.8
Apr 20147.8
Mar 20147.7
Feb 20147.6
Jan 20147.3
Dec 20137.1
Nov 20137.0
Oct 20136.9
Sep 20137.0
Aug 20137.1
Jul 20137.3
Jun 20137.3
May 20137.0
Apr 20136.5
Mar 20136.6
Feb 20136.9
Jan 20137.0
Dec 20127.3
Nov 20126.9
Oct 20126.8
Sep 20126.6
Aug 20126.4
Jul 20126.2
Jun 20126.7
May 20126.6
Apr 20126.5
Mar 20126.4
Feb 20126.0
Jan 20126.4
Dec 20116.0
Nov 20116.4
Oct 20116.7
Sep 20116.6
Aug 20116.5
Jul 20116.9
Jun 20116.1
May 20116.3
Apr 20116.3
Mar 20116.6
Feb 20116.5
Jan 20116.3

Source: Zambia Statistics Agency. Monthly. Gaps in the line are months with no published figure.

Change on a year earlier

Each bar is this month against the same month twelve months before — the comparison that strips out the seasonal pattern.

-20-100102020122014201620182020202220242026

IncreaseDecrease

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Food Inflation6.0%−0.40 ppm/m−8.90 ppy/yAug 2026Non-Food Inflation6.6%−0.10 ppm/m−2.70 ppy/yAug 2026Monthly Inflation0.2%0.00 ppm/m−0.30 ppy/yAug 2026Monthly Food Inflation0.2%+0.10 ppm/m−0.40 ppy/yAug 2026Monthly Non-Food Inflation0.2%−0.10 ppm/m−0.20 ppy/yAug 2026

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