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Friday, April 20, 2018

Inflation under control— Reserve Bank of Malawi | The Times Group

Inflation under control— Reserve Bank of Malawi | The Times Group: "Inflation under control— Reserve Bank of Malawi
Posted By: Taonga Sabolaon: April 20, 2018In: BusinessNo Comments
The Reserve Bank of Malawi (RBM) has said it is confident the country’s headline inflation will decline in the coming months, despite sprouting in March.

Malawi’s headline inflation jumped by 2.1 percent in March, from 7.8 percent to 9.9 percent, raising fears that it may go back to double digits in the near future.

But RBM spokesperson, Mbane Ngwira, said looking at the month-on-month inflation, figures point to falling inflation."



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