Tuesday, April 17, 2007

They Emulate the Ostrich...

...in Zimbabwe, by hiding their eyes:

THE Central Statistical Office (CSO) this week deferred the announcement of the latest inflation figures to avoid creating panic and fuelling the black market.

The figures were due to come out on Wednesday but sources said the government instructed the CSO to postpone the announcement indefinitely.

The Zimbabwe Independent understands that the inflation rate for March hit a new high of 2 200,2%, up from 1 729,9% in February.

....This means that on average goods and services normally purchased by a household for final use in Zimbabwe were about 23 times as expensive last month as they had been 12 months before.

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