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Saturday, November 16, 2019

MW inflation below Comesa average – The Nation Online

MW inflation below Comesa average – The Nation Online: n 2012, Malawi’s consumer inflation was one the highest in the Common Market for Eastern and Southern Africa (Comesa) region at 21.4 percent, but since then the country has turned the corner reducing inflation to single digits.

By 2017, Malawi’s inflation had inched downwards to 13.1 percent. This year, at 9.5 percent, Malawi’s inflation rate is below Comesa’s 23.4 percent average, according to a recently published Comesa Harmonised Consumer Price Index (CPI) Monthly News Release.

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