By Chris Takudzwa Muronzi

HARARE (Reuters) -Zimbabwe’s annual inflation rate could halve from current levels by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the Confederation of Zimbabwe Industries released on Monday.

Annual inflation in Zimbabwe measured in the Zimbabwe Gold (ZiG) currency fell sharply to 32.7% in October from 82.7% in September, the CZI said. The organization expects inflation to decline further, potentially reaching between 15% and 20% by December 2025.

This projection is attributed to negative month-on-month inflation in recent months and a stable ZiG currency, bolstered by surging gold prices.

“The policy target is for an annual ZiG inflation of about 30%. The negative month-on-month inflation for the p

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