Inflation Falls to Single Digits

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Zimbabwe recorded single-digit annual inflation for the first time since 1997, with ZiG inflation falling to about 4% in January 2026 from 15% in December. Authorities link the slowdown to exchange rate stability, tight monetary policy, and rising foreign reserves backing the gold-backed ZiG currency. The milestone supports plans to make ZiG the sole currency by 2030, despite ongoing dollarization and sustainability risks.