{"id":262766,"date":"2026-01-29T00:51:12","date_gmt":"2026-01-29T00:51:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/262766\/"},"modified":"2026-01-29T00:51:12","modified_gmt":"2026-01-29T00:51:12","slug":"zimbabwe-inflation-drops-to-single-digits-for-first-time-in-decades","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/262766\/","title":{"rendered":"Zimbabwe inflation drops to single digits for first time in decades"},"content":{"rendered":"<p>Zimbabwe\u2019s annual inflation rate fell to 4.1% in its local currency in January \u2014 the first time the figure has fallen to single digits since 1997. <\/p>\n<p>Authorities hailed it as a \u201c<a href=\"https:\/\/www.heraldonline.co.zw\/zim-hits-historic-single-digit-inflation\/\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">historic milestone<\/a>\u201d after decades marred by hyperinflation and currency collapse. <\/p>\n<p>The shift follows the rollout of central bank policies aimed at stabilizing prices since the gold-backed ZiG currency was launched in 2024. The ZiG \u2014 short for Zimbabwe Gold \u2014 is the country\u2019s <a href=\"https:\/\/www.semafor.com\/article\/04\/10\/2024\/zimbabwe-is-grappling-with-its-sixth-currency-change-in-16-years\" class=\"styles_linkEmbed__SNmaX\" rel=\"no-referrer nofollow noopener\" target=\"_blank\">sixth attempt since 2009<\/a> to replace the US dollar as the nation\u2019s main form of tender. <\/p>\n<p>Harare, which has prioritized de-dollarizing its economy, wants the ZiG to be <a href=\"https:\/\/www.semafor.com\/article\/10\/31\/2025\/zimbabwe-tries-to-drop-us-dollar-mnangagwa-extends-mandate\" class=\"styles_linkEmbed__SNmaX\" rel=\"no-referrer nofollow noopener\" target=\"_blank\">Zimbabwe\u2019s sole currency by 2030<\/a>. <\/p>\n<p>Policymakers across Africa are trying to ease inflation to stabilize currencies, restore investor confidence, and rebuild household purchasing power after shocks caused by the COVID-19 pandemic and supply-chain disruptions.<\/p>\n","protected":false},"excerpt":{"rendered":"Zimbabwe\u2019s annual inflation rate fell to 4.1% in its local currency in January \u2014 the first time the&hellip;\n","protected":false},"author":2,"featured_media":262767,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":{"0":"post-262766","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-il","11":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/262766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=262766"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/262766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/262767"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=262766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=262766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=262766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}