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Zimbabwe - Monthly Bulletin - December 2018


The Zimbabwe economy remained volatile in November 2018, with the key challenges experienced in October remaining binding. Inflation, which continued to rise in October worsened, gaining about 10.2 percentage points to 31.01 percent, which is the highest among some select Southern African Development Community (SADC) countries. The price of gold and platinum declined at the international level, which negatively affected revenue inflows, given that Zimbabwe is mineral dependent for export revenue. The decline of the wheat price, however, was a welcome development, given that Zimbabwe is a net wheat importer due to low levels of local wheat production.

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