London, Nov. 14 : Inflation levels in Zimbabwe are running at 13.2 billion per cent a month and could reach an all-time world record within weeks, reports The Telegraph.
The latest figures put the country''s annual rate at 516 quintillion per cent – 516 followed by 18 zeros – overtaking Yugoslavia in 1994 and putting it behind only Hungary in 1946.
With goods unavailable and official statistics widely distrusted, the Cato Institute in Washington calculated the figures based on exchange rate movements and market data.