Zimbabwe inflation rate over 66,000%

 

Zimbabwe's annualised inflation rate rose to a record 66,212.3 per cent in December.

The report from Zimbabwe's Central Statistical Office today deals another blow to President Robert Mugabe's efforts to pull the once-prosperous African nation's economy out of a deep crisis.

The country's central bank last month said inflation had hit a record 26,470.8 per cent in November.