Optimism as inflation eases | The Times Group: "Optimism as inflation eases
Posted By: Caroline Kandieroon: March 20, 2017In: BusinessNo Comments
Minister of Finance and Economic Planning Goodall Gondwe has hinted at the possibility of a reduction in interest rates after inflation eased to 16.1 percent in February from 18.2 percent in January.
Latest figures released by the National Statistics Office show that inflation, also described as the rate at which the price of goods and services fluctuate, slowed by two percentage points in the past month. This should come as good news to consumers as this means there will be an improvement in disposable incomes."
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Posted By: Caroline Kandieroon: March 20, 2017In: BusinessNo Comments
Minister of Finance and Economic Planning Goodall Gondwe has hinted at the possibility of a reduction in interest rates after inflation eased to 16.1 percent in February from 18.2 percent in January.
Latest figures released by the National Statistics Office show that inflation, also described as the rate at which the price of goods and services fluctuate, slowed by two percentage points in the past month. This should come as good news to consumers as this means there will be an improvement in disposable incomes."
'via Blog this'
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