Zambia’s macroeconomic landscape has just received a significant boost. The February 2026 inflation print came in at an impressive 7.5%, marking the lowest inflation rate recorded in seven years (since March 2019). Most notably, this is the first time the national inflation rate has landed squarely within the Bank of Zambia’s (BOZ) 6% to 8% target range since April 2019. Not only did this outpace the market’s projected outlook of 7.9%, but the underlying data reveals that thi