Bloomberg News

Zambian Inflation Rate Falls to 8.7% in October, Agency Says

October 27, 2011

(Updates with comments by agency official in second paragraph.)

Oct. 27 (Bloomberg) -- Zambia’s inflation rate decreased to 8.7 percent in October from 8.8 percent a month earlier, said John Kalumbi, an official from the Central Statistics Office.

The southern African nation posted a 4.4 percent increase in its monthly trade surplus to 923.3 billion kwacha ($188 million) in September, Kalumbi told reporters today in Lusaka, the capital.

Zambia is Africa’s biggest copper producer.

--Editors: Gordon Bell, Karl Maier

To contact the reporter on this story: Obert Simwanza in Lusaka via Johannesburg at contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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