Inflation eases to 9.2 percent - The Times Group Malawi: Malawi’s headline inflation eased by 0.3 percentage points to 9.2 percent in September 2019 from 9.5 percent in August, latest figures from the National Statistics Office (NSO) show.
This is first time for inflation to drop since May this year. However, the rate remains high when compared to this year’s lowest record of 7.9 percent registered in February.
The NSO figures show that food inflation stood at 13.9 percent in the month under review from 14.6 percent in August 2019.
This is despite a stable increase in maize prices, Malawi’s staple food, currently trading between K12,500 and K15,000 per 50 Kilogramme bag in some parts of the country.
This is first time for inflation to drop since May this year. However, the rate remains high when compared to this year’s lowest record of 7.9 percent registered in February.
The NSO figures show that food inflation stood at 13.9 percent in the month under review from 14.6 percent in August 2019.
This is despite a stable increase in maize prices, Malawi’s staple food, currently trading between K12,500 and K15,000 per 50 Kilogramme bag in some parts of the country.
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