Just for the record

11 01 2010

The actual figures of Zimbabwe’s hyperinflation in 2008 will be the subject of papers and theses for years to come. A few weeks ago I did come across a locally produced estimate in a banking promotion given out with one of the independant newspapers.

The CPI (consumer price index) in October 2008 rose by some 46,134,120% implying an annual rate of 64,070,807,881,462,900%

Just thought I should mention it!

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2 responses

11 01 2010
Big Blister

That’s incredible! I think it even exceeds the inflation that occurred in Germany immediately prior to WWII…

11 01 2010
gonexc

Oh we left the Weimar Republic WAY behind!

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