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GDP set to drop

    JOHANNESBURG

    Zimbabwe’s real GDP is forecast to fall by between 5 and 7 percent this year, while inflation, currently at 59.3 percent a year, is expected to reach 70 percent by September and could go beyond 80 percent by the end of the year.

    News reports said farm production was down by about 13 percent in real terms while industrial and mining output were expected to decline by at least 5 percent.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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