Prices in Zimbabwe rose less than expected last month. The central bank wanted prices to rise less than 5 percent, but they did even better than world money experts thought.
Zimbabwe tracks prices in two ways. People there use both U.S. dollars and the local ZiG money. Both showed good signs in December.
The ZiG money saw prices climb just 3.7 percent last month, a big drop from November's 11.7 percent rise. Food prices fell from high marks, and other things cost less as well.
Things bought with U.S. dollars stayed steady. Prices went up less than one percent. Food led the small rise, but other items held their price tags.
Year after year, U.S. dollar prices went up 2.5 percent. The mix of both money types showed a small rise of 1.1 percent in December, which is much better than November's jump.
Food costs tell a good story. When counting both kinds of money, they dropped from 5.2 percent to 2.8 percent. Other goods stayed almost the same price.
Money experts say having two types of cash makes things hard. The ZiG money changes more than U.S. dollars. This could cause problems for people who make money rules.
The next year brings fresh tests. Zimbabwe must keep prices steady in both money types. If they do, the country might see better days ahead.
These numbers show hope. Zimbabwe can control its prices better than before. But the work never stops. Leaders must keep watching how prices move to make sure things stay good.
Zimbabwe tracks prices in two ways. People there use both U.S. dollars and the local ZiG money. Both showed good signs in December.
The ZiG money saw prices climb just 3.7 percent last month, a big drop from November's 11.7 percent rise. Food prices fell from high marks, and other things cost less as well.
Things bought with U.S. dollars stayed steady. Prices went up less than one percent. Food led the small rise, but other items held their price tags.
Year after year, U.S. dollar prices went up 2.5 percent. The mix of both money types showed a small rise of 1.1 percent in December, which is much better than November's jump.
Food costs tell a good story. When counting both kinds of money, they dropped from 5.2 percent to 2.8 percent. Other goods stayed almost the same price.
Money experts say having two types of cash makes things hard. The ZiG money changes more than U.S. dollars. This could cause problems for people who make money rules.
The next year brings fresh tests. Zimbabwe must keep prices steady in both money types. If they do, the country might see better days ahead.
These numbers show hope. Zimbabwe can control its prices better than before. But the work never stops. Leaders must keep watching how prices move to make sure things stay good.
