You Won't Believe It, But Zimbabwe Now Has Lower Inflation Than The UK, India, And China

zimbabwe currency

Zimbabwe now has a year-over-year rate of inflation lower than the UK, India, and China, according to today’s government release (HT @World_First)

Inflation there increased by 3.2% year-over-year, and actually declined 0.4% in December.

Compare that to the UK, where inflation now stands at 3.7% annually. The rate stands at 4.3% in China, and a whopping 8.4% in India.

Check out these photos of the food inflation riots sweeping the world >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at