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*Inflation To Fall By End Of 2019 - Mthuli Ncube* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?nt Finance and Economic Development Minister Mthuli Ncube said that he expects runaway inflation to fall by the end of this year or the beginning of next year. Ncube said this while responding to questions from members of the Portfolio Committee on Budget and Finance in Parliament on Monday. Said Ncube: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > . . . of course, I know what is ravaging everyone at the moment, which is inflation. > By end of year or beginning of next year, we expect inflation to drop and also our expectations are that our interbank market will become more of the reference point in the sourcing of currency as opposed to the parallel market which is currently driving inflation. While official figures show that inflation rose to 75,86 per cent in April, the prices of goods and services have continued to gallop exponentially. The price increases are largely a result of the loss in value of the local currency, RTGS dollar, against the US dollar on the parallel market, with retailers continuously increasing prices in line with the prevailing rate. *More: The Herald* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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