Zimbabwe's inflation spirals above 130 pct amid currency depreciation

HARARE, May 26 (Xinhua) -- Zimbabwe's annual inflation spiraled to 131.7 percent in May, up from 96.4 percent in the previous month, marking the first time in 10 months that inflation has risen above 100 percent.

This comes against the background of local currency depreciation and soaring prices of basic commodities and fuel.