The Confederation of Zimbabwe Industries, or CZI, reports that annual inflation measured in the gold-backed Zimbabwe Gold, or ZiG, dropped from 82.7% in September to 32.7% in October 2025.

The Confederation of Zimbabwe Industries projects inflation could halve again by the end of next year, landing between 15% and 20%. That would mark Zimbabwe’s lowest rate in years, if it happens. But with such a history of volatility, some economists are cautious. Some see the drop as fragile, dependent more on gold prices and tight controls than lasting reform. For a country where inflation once hit billions of percent, projections alone can’t restore trust.

–SABC–