Data from ZamStats yesterday showed that headline inflation in Zambia slowed for the first time in April, albeit the decline was marginal. Spe-cifically, headline CPI came in at 22.7% y/y from 22.8% y/y in March. A breakdown of the data shows that food inflation decelerated to 27.2% y/y from March’s record high of 27.8% y/y,...