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Wednesday, July 4, 2018

Declining inflation Draws mixed views - The Nation Online

Declining inflation Draws mixed views - The Nation Online: Declining inflation Draws mixed views
Grace Phiri July 2, 2018 0 Comments
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Malawi’s year-on-year inflation for May 2018 dropped by 0.8 percentage points to 8.9 percent from 9.7 percent the previous month, a development that has drawn mixed reactions from two economists.

National Statistical Office (NSO) figures show that declining food and non-food inflation influenced overall inflation to drop in the month. This means that prices of goods and services in May increased at a declining rate compared to April.
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