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Friday, January 19, 2018

Central Bank targets 5% inflation for December

Central Bank targets 5% inflation for December: "The Reserve Bank of Malawi (RBM) has projected a five percent inflation target for December 2018.


18
January

RBM Spokesperson Mbame Ngwira was speaking in view of growing down of inflation by 0.6 percent to 7.1 percent for December 2017 from 7.7 percent as of November 2017.


Ngwira said the downward trend of inflation which has been necessitated by stable fuel prices, tight monetary policy and a tight fiscal stance that has seen government spending within its budget will continue this year."



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