Double digit inflation scare | The Times Group: Malawi’s headline inflation inched up by 0.2 percentage points in October to hit 9.7 percent, gradually crawling back to a double digit band.
Malawi’s headline inflation has continued on an upward spiral in the past four months after it took a u-turn in July as escalating food and nonfood prices began to bite.
In October, food and non-food inflation rate stood at 10.4 percent and 9.2 percent, respectively, figures from the National Statistical Office (NSO) indicate.
No comments:
Post a Comment