Zimbabwe’s monthly inflation rate fell to 1.58% in April, its lowest since September 2018. Should the trend continue, annual inflation will close the year below 30%. On a different but not unrelated note; data from the Zimbabwe National Statistics Agency (ZimStat) indicated that the Zimbabwean consumer now requires $5,672 (US$67) to stay above the poverty datum line (PDL), a 6.78% increase from the March figure of $5,312. Interestingly in January 2017, the consumer needed US$96 to stay above the PDL, implying a decline in prices in real terms.
