Figures show 50% of countries with available data experienced an increase in consumer prices in March.
While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.
Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.
More than half of the surveyed central banks said the ability to provide cash in a digital form was the leading consideration for exploring CBDC.
Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.