The Reserve Bank has expressed satisfaction with its interventions which have resulted in the country maintaining a single digit inflation since January.

In a statement RBZ Governor John Mushayavanhu said this is a clear testament of prudent policies by the central bank.

Mushayavanhu added that companies should now have no issues in accepting local currency.

“The annual ZiG inflation in August 2026 of 2.9%, compares favorably with domestic US dollar inflation of 3.1%,” he said.

This entails that prices of domestic goods and services, since August 2025 have increased at relatively the same pace in both ZiG and US dollar.

“Importantly, the implication is that businesses should be indifferent in terms of pricing and accepting payment in either foreign currency or ZiG.

He said the RBZ has managed to be effective in continuously delivering price, currency and exchange rate stability in the economy.

Annual ZiG inflation stood at 2.9% in August 2026.

This is the lowest single digit inflation since 1980 achievement.

During the eight months to August 2026, annual ZiG inflation was sustained below 5% and averaged 4.0%.

Annual inflation increased from 4.1% in January 2026 to 4.8% in April 2026.

This was a reflection of the impact of the global oil price shock on domestic fuel prices, arising from the conflict in the Middle East.