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Zimbabwe Inflation at 89.7 Sextillion Percent by Varun Sood, Associate, JP MorganChase

Zimbabwe Inflation at 89.7 Sextillion Percent

By : Varun Sood, Associate, JP MorganChase
Industry : Investment Banking Functional Area : Derivatives
Activity:  2 comments  535 views  last activity : 07 06 2010 20:18:04 +0000
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Hyperinflation Index Puts Zimbabwe Inflation at 89.7 Sextillion Percent

                            Zimbabwe is the first country in the 21st century to hyperinflate.

 

Hyperinflation Index for Zimbabwe
Date Index Monthly Inflation Rate Annual Inflation Rate
5-Jan-07 1.00 13.70%  
2-Feb-07 1.78 77.60%  
2-Mar-07 3.14 76.70%  
5-Apr-07 6.90 56.20%  
4-May-07 6.75 -2.15%  
1-Jun-07 20.70 207.00%  
6-Jul-07 53.00 60.40%  
3-Aug-07 49.10 -7.29%  
7-Sep-07 82.50 70.60%  
5-Oct-07 219.00 165.00%  
2-Nov-07 642.00 193.00%  
28-Dec-07 2,010.00 61.50% 215,000%
25-Jan-08 2,250.00 11.80%  
29-Feb-08 8,260.00 259.00%  
28-Mar-08 17,700.00 115.00%  
25-Apr-08 57,100.00 222.00%  
30-May-08 442,000.00 498.00%  
26-Jun-08 23,600,000.00 5,250.00% 41,400,000%
4-Jul-08 49,200,000.00 3,740.00% 93,000,000%
11-Jul-08 81,800,000.00 2,080.00% 167,000,000%
18-Jul-08 122,000,000.00 1,030.00% 250,000,000%
25-Jul-08 157,000,000.00 566.00% 317,000,000%
29-Aug-08 6,330,000,000.00 3,190.00% 9,690,000,000%
26-Sep-08 794,000,000,000.00 12,400.00% 471,000,000,000%
3-Oct-08 3,570,000,000,000.00 15,400.00% 1,630,000,000,000%
10-Oct-08 32,300,000,000,000.00 45,900.00% 11,600,000,000,000%
17-Oct-08 1,070,000,000,000,000.00 493,000.00% 300,000,000,000,000%
24-Oct-08 124,000,000,000,000,000.00 15,600,000.00% 26,100,000,000,000,000%
31-Oct-08 24,600,000,000,000,000,000.00 690,000,000.00% 3,840,000,000,000,000,000%
7-Nov-08 4,890,000,000,000,000,000,000.00 15,200,000,000.00% 593,000,000,000,000,000,000%
14-Nov-08 853,000,000,000,000,000,000,000.00 79,600,000,000.00% 89,700,000,000,000,000,000,000%

Sources: Imara Asset Management Zimbabwe and author’s calculations.

 

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2 comments on "Zimbabwe Inflation at 89.7 Sextillion Percent "
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  Commented by  Ashim Chowdhury, Associate, ICICI Securities    | 03 06 2009 12:57:48 +0000 
Update on Zimbabwe Inflation
----------------------------
Zimbabwe Inflation percentage reaches 67 followed by 107 zeros....

Making Zimbabwe withe most number of trillionaires in the world.....Standing ovation to Mugabe and ZANU-PF, without them Zimbabwe wouldn't have achieved such a milestone and also Reserve bank of Zimbabwe issued the world's first 100 trillion dollar note in Jan 2009...
  Commented by  Bellala Gopinatha Rao, Project Manager Promax Management Consultants    | 01 03 2009 12:24:00 +0000 
Good info thanks
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