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Zimbabwe: 'Inflation target fictitious'
[The Standard: 2005-02-27]
ECONOMISTS queued up last week to criticise the Central Bank and labelled the ambitious inflation target of 20-35% by the fall of the year "too optimistic". The round up came after inflation rekindled its northwards drift in January. Figures released by the Central Statistics Office (CSO) show an upsurge in inflation to 133,7%. "The authorities are going to suppress the inflation figures until after elections but it is going to rise whether we like it or not.. . .
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