Zimbabwe: ZWG Annual Inflation Rises to 4,4 Percent As Middle East Tension Drive Costs

Zimbabwe’s annual inflation rate rose slightly to 4.4% in March 2026, driven largely by global fuel price increases linked to escalating tensions in the Middle East.

The spike in fuel costs follows the ongoing US-Iran conflict, which has disrupted supply chains in key Middle Eastern markets, a strategic source of fuel for Zimbabwe. As a result, local fuel prices have climbed to around US$2.17 per litre, putting upward pressure on the cost of goods and services.

Presenting the latest inflation…