Money in Zambia
Zambia - MoneyThe economy lost traction in the first quarter, expanding 2.6% year-on-year compared to 4.1% in the previous quarter. Growth was primarily supported by a double-digit surge in mining and quarrying output, fueled by healthy demand for copper exports. Meanwhile, a sharp contraction in the agricultural sector owing to a pervasive drought was largely behind the slowdown. Prospects appear brighter for the second quarter: Overseas sales of copper shot up in May, with export earnings on the rise. Earnings have withstood pressure from the downward trend in copper prices stemming from intensifying trade war fears. Moreover, the PMI for June signaled a continued robust expansion in private sector activity amid stronger demand conditions.
Zambia - Money Data
|Money (annual variation in %)||11.8||11.3||24.9||0.1||20.7|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||19.33||0.0 %||Jul 17|
|Exchange Rate||11.08||0.0 %||Jul 17|
|Stock Market||0.3||0.0 %||Jul 17|
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