Zambia’s consumer price inflation edged down marginally in September 2026, with the year-on-year Consumer Price Index (CPI) coming in at 6.1%, compared to 6.2% in August 2026. The latest data, updated on 24 September 2026, indicates a modest cooling in price pressures on an annual basis.
Both the current and previous readings are measured on a year-over-year basis, comparing each month’s price changes with the same month a year earlier. The slight decline suggests that while inflation remains present in the Zambian economy, upward pressure on consumer prices eased somewhat between August and September. Investors and policymakers are likely to watch upcoming releases closely to assess whether this marks the start of a more sustained disinflationary trend.