Zimbabwe: inflation hits 100 000%

Zimbabwe inflation hits 100,000%
BBC News 22/2/2008
Zimbabwe's soaring inflation hit an annual rate of 100,000% in January, new official figures show. Ongoing shortages of food and fuel helped drive inflation from December's rate of 66,212%. Government officials say the shortages make it hard to work out inflation with any degree of accuracy ... The economy has been in trouble for seven years, with supplies of basic foodstuffs, cooking oil and petrol all running low. The central bank has introduced new banknotes to cope with the spiralling prices. Last month it issued a 10 million Zimbabwe dollar note ...