FX.co ★ Zambia’s July Inflation Holds Steady at 6.5% Year-on-Year, Matching June Reading

Zambia’s consumer price inflation remained unchanged in July 2026, with the year-on-year Consumer Price Index (CPI) holding at 6.5%, the same rate recorded in June 2026. The data, updated on 30 July 2026, indicate that price growth has stabilized on an annual basis after the previous month’s reading.

The July figure represents a year-over-year comparison, measuring how prices in July 2026 moved relative to July 2025. Similarly, the June 2026 reading reflected inflation compared with June 2025. With both months registering 6.5% annual inflation, the latest data suggest a period of relative stability in headline consumer prices over the early part of the second half of 2026.