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Africa Subsaharan |
Inflation surges to new high in Zimbabwe |
2007-02-13 |
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. |
Posted by:Fred |
#9 Hugo sez "I accept your challenge Mugabe!!" |
Posted by: DMFD 2007-02-13 21:18 |
#8 I wonder if it graphs out to look like a hockey stick? Jus' sayin', ya know. |
Posted by: AlmostAnonymous5839 2007-02-13 17:52 |
#7 Tu, you're slipping. It's Bush's fault. Unless, of course, you assume that Bush is THE MAN!!! |
Posted by: BA 2007-02-13 15:07 |
#6 Now that's what I call a surge. In logarithms, anyone? |
Posted by: rhodesiafever 2007-02-13 13:32 |
#5 I blame...THE MAN!!! |
Posted by: tu3031 2007-02-13 12:27 |
#4 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. In contrast to Mugabe, who is the people's number one enemy. |
Posted by: Ptah 2007-02-13 08:15 |
#3 In the next 5 year plan, Mugabe promises to produce 2 times the inflation. |
Posted by: ed 2007-02-13 07:54 |
#2 What is it wid Commies-Socialists and PERCENTAGES. |
Posted by: JosephMendiola 2007-02-13 04:00 |
#1 Someone give this man a sprocket! |
Posted by: Mike N. 2007-02-13 00:16 |