Thursday, May 17, 2007

Zimbabwe April inflation races to 3,713.9 pct yr/yr

(Reuters) - Zimbabwe's annual inflation shot to a record 3,713.9 percent in April compared to 2,200.2 percent in March, official data showed on Thursday, reflecting a crisis which has left the country with the fastest rising prices in the world.

Critics blame President Robert Mugabe's government for the severe economic crisis also dramatised in high unemployment and chronic shortages of food, fuel and foreign currency and in collapsing services.


Read more at Reuters Africa

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