Inflation eases to 7.7% in November | The Times Group

Inflation eases to 7.7% in November | The Times Group:





Inflation eases to 7.7% in November

Posted By: Taonga Sabola on: December 18, 2017 In: Business No Comments

Malawi's headline inflation continued on its downward trajectory, slowing to 7.7 percent in

November, the National Statistical Office has said.

The continued fall in inflation is largely driven by wide food availability, resulting in prices

remaining subdued.

Currently, the country's staple food, maize, is trading at an average price of K4,500 per 50

kilogramme bag.

The November inflation is just 1.4 percentage points shy of the record low of 6.3 percent in

December 2010



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