Zimbabwe back in hyperinflation, say Hanke and Bostrom

zimbabwe-100-trillion
One of the notes issued during the last bout of hyperinflation

Zimbabwe has entered hyperinflation for the second time in a decade, according to estimates by Steve Hanke and Erik Bostrom, economists at Johns Hopkins University.

Hanke developed a method of estimating Zimbabwean prices during the last episode of hyperinflation, in 2007/08. The method used a stock traded on exchanges in both Harare and London, which, combined with calculations of purchasing power parity, allowed for an estimate of the implied rate of inflation.

Hanke defines hyperinflation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.