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Zimbabwe - Monthly Economic Review - September 2014


The Zimbabwean economy remains challenged. Despite recording the least regional infl ation rate of 0.09 percent in September 2014, the economy continues to face signifi cant head winds to growth. These are mainly refl ected through lower-than-expected mining sector growth necessitating a revision of the sector’s initial growth projection from 10.7 percent to -1.9 percent, on account of weakening international prices of gold and platinum, which declined by 8.04 and 6.68 percent to average USD1,240.26 and USD1,364.91 respectively in September 2014 compared to the same period in 2013. Furthermore, the sector is faced with some domestic constraints, including power outages and funding challenges

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