20090619
Zimbabwe's Extreme Inflation
"Inflation rose from an annual rate of 32% in 1998 to an IMF estimate of 150,000% in December 2007, and to an official estimated high of 231,000,000% in July 2008 according to the country's Central Statistical Office,. This represented a state of hyperinflation, and the central bank introduced a new 100 billion dollar note. As of November 2008, unofficial figures put Zimbabwe's annual inflation rate at 516 quintillion per cent, with prices doubling every 1.3 days. Zimbabwe's inflation crisis is now (2009) the second worst inflation spike in history, behind the hyperinflationary crisis of Hungary in 1946, in which prices doubled every 15.6 hours."
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