Inflation rate drops to 9.1% - The Nation Online: Inflation rate drops to 9.1%
Grace Phiri May 20, 2019 0 Comments
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Inflation rate for April 2019 eased by 0.2 percentage points to 9.1 percent, a development monetary authorities say signifies that the country is on course to achieve a five percent inflation rate target in the medium-term.
Published figures from National Statistical Office (NSO) show that at 9.1 percent, April inflation rate is lower than the 9.7 percent recorded during the same period last year.
Food and non-food inflation during the month was recorded at 13.8 and 5.4 percent, respectively, according to NSO.
Grace Phiri May 20, 2019 0 Comments
�
Inflation rate for April 2019 eased by 0.2 percentage points to 9.1 percent, a development monetary authorities say signifies that the country is on course to achieve a five percent inflation rate target in the medium-term.
Published figures from National Statistical Office (NSO) show that at 9.1 percent, April inflation rate is lower than the 9.7 percent recorded during the same period last year.
Food and non-food inflation during the month was recorded at 13.8 and 5.4 percent, respectively, according to NSO.
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