Zimbabwe's inflation surged to a new record in January, exposing the government's failure to get a grip on a crisis that has fuelled political tensions and caused desperate shortages of food, fuel and foreign exchange. The Central Statistical Office (CSO) said annual inflation - the highest in the world and now officially the government's number one enemy - soared to 1,593.6 percent from 1,281.1 percent in December.
Critics blame the crisis on President Robert Mugabe's politically driven agenda, including the seizure of land from white commercial farmers to resettle landless blacks. The crisis has raised the cost of consumer goods The veteran leader says Zimbabwe is being sabotaged by his opponents. Moffat Nyoni, the CSO's acting director, said prices had jumped 45.4 percent on a monthly basis, compared with 36.3 percent in December. |