Zimbabwe annual inflation over 100,000 percent, official figures
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Zimbabwe's annual inflation rate has soared to over 100,000 percent, weeks ahead of elections in the southern African country, according to official figures obtained by AFP on Wednesday.
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The risk of "sudden major violence" is growing in Zimbabwe as it struggles with food shortages, record inflation of some 1,600 percent, repression and corruption, a respected international research group said Tuesday.
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BEIJING -- Chinese inflation rose to its highest level in more than two years in May, driven by soaring prices for pork and other food, according to government figures released Tuesday.
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Zimbabwe&#39;s galloping inflation will  force President Robert Mugabe from office before the end of the  year, the United States ambassador to Harare said on Friday,  predicting the rate could hurdle 1 million percent within  months.
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Inflation rose to 1.5 percent in November from 1.2 percent in October, driven by increases in transport and energy costs, official figures showed.
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Zimbabwe's central bank introduced two new bank notes on Thursday as it battles a four figure rate of inflation that is rapidly eroding the value of the local currency.
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Dozens of people were arrested Wednesday as pro-democracy activists defied a police ban on demonstrations and took to the streets to protest growing repression and economic hardship in Zimbabwe. The demonstration coincided with a bleak new warning by the head of the Zimbabwe state central bank that the nation is broke and using foreign currency needed for fuel and spare parts on food.
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12-month inflation rose to 1.6 percent in December from 1.5 percent in November, boosted by Christmas shoppers and theatre-goers, official figures showed.
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Inflation in the 13 nations that use the euro surged to 3.1 percent in November versus a year earlier, its highest level in more than six years, the European Union's statistics agency Eurostat said Friday.
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The monthly average bill for urban households in inflation-ravaged Zimbabwe shot up by 49.5 percent last month, figures compiled by the main consumer watchdog showed on Friday.
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Several firms and shops in Zimbabwe face prosecution after they breached price ceilings imposed by a state pricing watchdog, a state daily reported on Monday.
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Chinese consumer inflation reached 7.1% in January, the highest rate for 11 years, official figures show.
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Twelve-month inflation remained at 1.6 percent in January for the second month in a row, as a drop in petrol prices offset higher food prices, official figures showed.
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Zimbabwe's inflation rate, already the highest in the world, has soared to a new high of 66,212.3 percent, according to official figures obtained by AFP on Thursday.
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Zimbabweans, struggling to make ends meet amid hyper-inflation, are being asked to dig into their pockets for a party this month to mark President Robert Mugabe's 83rd birthday, an official said.
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WASHINGTON -- Inflation at the consumer level rose by a larger-than-expected amount in January as falling energy prices only partially offset big increases in the cost of medical care, food and airline tickets.
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Twelve-month inflation pulled back to 2.7 percent in January after striking a record high point of 3.0 percent in December, official data has shown.