Inflation eases to 7.8% in February | The Times Group

Inflation eases to 7.8% in February | The Times Group:



Inflation eases to 7.8% in February

Posted By: William Kumwembe on: March 21, 2018 In: National No Comments

Consumer prices increased 7.8 percent year-on-year in February 2018, slowing from a 8.1

percent gain the previous month, thanks to the continued improvement in food availability, the

National Statistical Office (NSO) has said.

Inflation picked up in January 2018 from 7.1 percent in December 2017 in the wake of a rebasing

process NSO conducted to ensure that its calculation of inflation be more reflective of the situation

on the ground.

According to NSO, food inflation continued to soften in the month under review standing at 7.3

percent down from 7.6 percent in January.

In February, non-food inflation stood at 9.4 percent, down from 9.6 percent.








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