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Friday, April 20, 2018

Fears over risk of inflation reversal | The Times Group

Fears over risk of inflation reversal | The Times Group: "Fears over risk of inflation reversal
Posted By: Grace Thipaon: April 20, 2018In: BusinessNo Comments
The International Monetary Fund (IMF) has indicated that the risk of inflation reversal is now more real following quickening of the inflation rate to 9.9 percent year-on-year in March, from 7.8 percent the previous month.

This becomes the highest inflation rate on record since inflation made a historic turn to hit single digit at 9.3 percent in August, from 10.2 percent in July 2017.

Both IMF and the Economics Association of Malawi (Ecama) have indicated that the rising inflation rate is something that was expected."



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