Zimbabwean inflation at 2.2m%

Zimbabwe's annual inflation rate has hit 2,200,000%, Gideon Gono, the governor of the country's Reserve Bank, said on Wednesday.

Gono said that some economists believed the rate to be as high as 7,000,000% but that Central Statistical Office data showed inflation to be 2,200,000%.

The measure, which was later confirmed by the Central Statistical Office, is the first since April, when the Office reported inflation of 164,900% in the year to February.

However, conditions in Zimbabwe have yet t