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Tuesday, January 2, 2018

Inflaton drops to six-year low - The Nation Online

Inflaton drops to six-year low - The Nation Online:





Inflaton drops to six-year low

Tinenenji Chalanda @ January 2, 2018 o Comments

After six years of waiting, the country's year-on-year inflation rate dropped to a single digit,

thanks to fiscal and monetary policies as well as a drop in food prices.

Food has a huge weight at 50.1 percent in the Consumer Price Index (CPI), a measure that

examines the weighted average price of a basket of consumer goods and services.



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