Tuesday, September 18, 2007

Inflation is going down everywhere-it’s official!

Zimbabwean inflation under 7,000%

Zimbabwe's annual inflation rate slowed in August to 6,592.8% from July's record of 7,634.8%, according to the Central Statistical Office (CSO). The CSO stated the reduction was due to cheap i-pods and cinema tickets + a lack food to skew the figures. An official at the CSO said "We are in the process of adopting the CPI model of inflation and expect September's figure to be <2.0%" The official added, "If it works for the UK, it can work for us. Happy Days!".... Trying to lighten the mood.......

Posted by dr. k @ 05:21 PM (430 views)
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