Zimbabwe inflation hits new high

Thursday, October 9, 2008 around 9 am mountain time

From the BBC website this morning:

Zimbabwe’s annual inflation rate — already the world’s highest — has soared to 231,000,000%, newly released official figures for July show.

The rise — from 11,200,000% last month — was largely due to increases in the prices of bread and cereals.

From 11 million percent to 231 million percent in 1 month.

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