FX.co ★ Zambia’s Monthly Inflation Quickens to 0.7% in October 2026

Zambia’s consumer price inflation picked up in October 2026, with the month‑over‑month Consumer Price Index (CPI) rising to 0.7%, up from 0.4% in September 2026. The latest data, updated on 29 October 2026, indicate a noticeable acceleration in price growth compared with the previous month.

On a month‑over‑month basis, the “actual” October reading reflects the change in prices from September to October, while the “previous” figure of 0.4% captured the change from August to September. The increase from 0.4% to 0.7% suggests that price pressures strengthened heading into the fourth quarter, a development that will be closely watched by market participants and policymakers assessing the short‑term inflation trajectory in Zambia.