Inflation eases to 7.1% | The Times Group

Inflation eases to 7.1% | The Times Group:





Inflation eases to 7.1%

Posted By: Taonga Sabola on: January 18, 2018 In: Business No Comments

Malawi's headline inflation eased by 0.6 percent in December to hit 7.1 percent, thanks to

improved food availability, the National Statistical Office (NSO) has said.

The December 2017 inflation is 12.9 percentage points better than that recorded in December

2016.

NSO said urban and rural inflation rates stand at 6.8 percent and 7.6 percent, respectively.

"Overall, food inflation stands at 4.3 percent from 4.7 percent in November 2017 while non-food

inflation stands at 10 percent from 11 percent," NSO said.

On average, Malawi's headline inflation rate for 2017 averaged 11.5 percent compared to the

annual headline inflation of 21.7 percent in 2016.





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