Zimbabwe
Posted: Thu Dec 18, 2008 3:27 pm
From the BBC.
The new Z$100bn (under $2, £1) note introduced last week is not enough to buy a loaf of bread.
Inflation is officially running at more than 2,000,000%, but many analysts believe the true inflation figure is at least 9,000,000%. A BBC reporter in Harare said that on the day he recently went shopping, a tray of 24 eggs went up from Z$375bn to Z$600bn.
The new Z$100bn (under $2, £1) note introduced last week is not enough to buy a loaf of bread.
Inflation is officially running at more than 2,000,000%, but many analysts believe the true inflation figure is at least 9,000,000%. A BBC reporter in Harare said that on the day he recently went shopping, a tray of 24 eggs went up from Z$375bn to Z$600bn.