Inflation back to double digit – The Nation Online

Inflation back to double digit – The Nation Online: Malawi’s headline inflation inched up by 0.8 percentage points to 10.4 percent in November�as food prices continued biting hard, a development the Reserve Bank of Malawi (RBM)�says is still manageable.�

Published figures from National Statistical Office (NSO) show that food inflation stood at 17.2 percent in November while non-food inflation was seen at 5.5 percent in the review month.

Inflation rises to 9.6% in October - The Times Group Malawi

Inflation rises to 9.6% in October - The Times Group Malawi: Malawi’s headline inflation inched up by 0.4 percentage points to 9.6 percent in October 2019 from 9.2 percent in September, latest figures from National Statistical Office (NSO) show.

The NSO figures show that food inflation went up from 13.9 percent in September to 16.0 percent.

Non-food Inflation decreased to 4.3 percent from 5.4 percent in the preceding two months.

Inflation eases to 9.2 percent - The Times Group Malawi

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.

Inflation rate drops to 9.1% - The Nation Online

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.

Inflation back to single digit | The Times Group

Inflation back to single digit | The Times Group: By Taonga Sabola:

Just like a pendulum, Malawi’s headline inflation swung back to single digit in December as it hit 9.9 percent after just a single month in double digit bracket, the National Statistical Office (NSO) has said.

In November, headline inflation had threatened to runaway, hitting 10.1 percent as food and fuel prices surged

IMF forecasts stable inflation beyond 2018 | The Times Group

IMF forecasts stable inflation beyond 2018 | The Times Group: By William Kumwembe:

The International Monetary Fund (IMF) has projected a solid downward trajectory of inflation beyond 2018, converging at 5 percent in the long term.

The Bretton Woods institution has since said it expects Malawi’s inflation to average 9 percent this year, in line with an earlier projection by Reserve Bank of Malawi (RBM).

IMF says it expects inflation to close at 9.5 percent by end of 2018.

Inflation under control—RBM | The Times Group

Inflation under control—RBM | The Times Group: he Reserve Bank of Malawi (RBM) has said it remains confident the country’s inflation remains under control and would average between 9.3 and 9.6 percent this year.

This is despite inflation rising for the third straight month in September although at a slower pace.

Headline inflation edged up by 0.2 percentage points to 9.5 percent in September 2018, from 9.3 percent recorded in August 2018.

Price hikes push up inflation to 9.5% - The Nation Online

Price hikes push up inflation to 9.5% - The Nation Online: . Rising electricity tariffs is expected to put pressure on inflation In September, Malawi Energy Regulatory Authority (Mera) increased the price of fuel by an average of five percent, a development which compelled service providers to push up their prices as well. During the same month, Mera also approved a 31.8 percent tariff hike for Electricity Supply Corporation of Malawi (Escom) over a four-year period. Maize prices, on the other hand, have also gone up to an average of K7 500 per 50 kilogramme (kg) bag from an average of K5 000 per 50 kg bag some months before. 

Firm sees inflation rate on bumpy ride - The Nation Online

Firm sees inflation rate on bumpy ride - The Nation Online: alawi faces a rollercoaster ride of rising inflation rate as the country is in the lean season in terms of food availability, an investment management and advisory firm has said.

In its September 2018 economic outlook, Nico Asset Managers Limited, a subsidiary of listed financial services group Nico Holdings plc, noted that the food inflation will continue to rise largely due to the lean season that has begun much earlier in� September rather than the usual October

Malawi inflation rate soars to 9.9 percent | Malawi 24 - Malawi news

Malawi inflation rate soars to 9.9 percent | Malawi 24 - Malawi news: "Malawi’s inflation rate rose to 9.9 percent in March from 7.8 percent in February.

The figures released by National Statistical Office (NSO) show that the inflation rate for March is the highest since July, 2017."



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Reserve Bank of Malawi targets 5% inflation | The Times Group

Reserve Bank of Malawi targets 5% inflation | The Times Group:



The Reserve Bank of Malawi (RBM) says it targets an inflation rate of five percent in the medium

The development comes when inflation inched up in January from 7.1 percent to 8.1 percent

following a rebasing process by the National Statistical Office.

In its sixth Monetary Policy Statement titled 'Sustaining Low Inflation Amidst New Risks' released

on Tuesday, RBM says the monetary policy stance during the first half of 2018 will focus on

entrenching disinflation and attaining the targeted five percent inflation in the medium term and

maintain a minimum of three months import cover of official foreign exchange reserves.





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National Statistical Office delays inflation figures for January | The Times Group

National Statistical Office delays inflation figures for January | The Times Group:

National Statistical Office delays inflation figures for

January

Posted By: Taonga Sabola on: February 21, 2018 In: Business No Comments

The National Statistical Office (NSO) has said it is in the process of rebasing the Consumer Price

Index (CPI), adding that this has resulted in the delay to release inflation figures for January.

Traditionally, NSO releases inflation figures on the 15th day of the following month but, as of

yesterday, it was yet to publish inflation figures for January.

NSO assistant Commissioner for Economics, Lizzie Chikoti, has confirmed the development.

"You are very correct that NSO releases inflation figures on the 15th of every month. This month,

the delay is due to the rebasing exercise that we have been doing.





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Firm sees inflation averaging 9% in 2018 | The Times Group

Firm sees inflation averaging 9% in 2018 | The Times Group:



Firm sees inflation averaging 9% in 2018

Posted By: Taonga Sabola on: January 29, 2018 In: Business No Comments

Investment management and advisory firm, Alliance Capital, nas predicted that inflation would

average nine percent in 2018 despite a double threat ot tall armyworms and dry spell which have

attected maize production, threatening the lives of 850,000 households.

Food remains the biggest contributor to the Consumer Price Index witn a weighing ot 50.2

percent

The nine percent average inflation could be 2.5 percentage points better than the 11.5 percent

recorded in 2017.

In its Economic Repon for 2017 and Outlook tor 2018, Alliance Capital said it expects inflation to

continue declining albeit marginally in 2018 on the back of uninterrupted food supply, a stable

currency and tight fiscal and monetary policies.





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Inflaton drops to six-year low - The Nation Online

Inflaton drops to six-year low - The Nation Online:





Inflaton drops to six-year low

Tinenenji Chalanda @ January 2, 2018 o Comments

After six years of waiting, the country's year-on-year inflation rate dropped to a single digit,

thanks to fiscal and monetary policies as well as a drop in food prices.

Food has a huge weight at 50.1 percent in the Consumer Price Index (CPI), a measure that

examines the weighted average price of a basket of consumer goods and services.



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Inflation rate drops to 8.3% - The Nation Online

Inflation rate drops to 8.3% - The Nation Online:




a Chikondi Chiyembekeza

O November 16, 2017


A Malawi's year-on-year inflation rate for October 2017 has

dropped by 0.1 percentage points to 8.3 percent from the previous

month's 8.4 percent, figures from the National Statistical Office

(NSO) released yesterday show.


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Malawi inflation rate continues to drop | Malawi 24 - All the latest Malawi news

Malawi inflation rate continues to drop | Malawi 24 - All the latest Malawi news: "Malawi’s inflation rate continues Its downward trend, latest data shows.

According to Government of Malawi, the country’s inflation rate for September is at 8.4 percent which is among the lowest in the SADC Region as well as globally.


Malawi’s inflation rate going down.
“Breaking it down to specfic sectors, for urban areas, it is 8.2% while for rural areas it is at 8.9%."



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Malawi News Agency Online - Inflation downturn excites private sector

Malawi News Agency Online - Inflation downturn excites private sector: "
Mzuzu, October 02, 2017: The private sector, through its mouthpiece, the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has commended the downturn of inflation by 9.3 percent as a significant step in boosting the country’s economy."



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Inflation hits single digit | The Times Group

Inflation hits single digit | The Times Group:

Malawi's headline inflation has hit single digit in August, falling by 0.9 percentage points from

 10.2  percent in July to 9.3 percent in August, the National Statistical Office (NSO) has said. 

This is the first time in 80 months that Malawi has recorded single digit inflation since December 
2011, when inflation was at 9.8 percent. This year's July inflation is 13.5 percentage points better than 

the 22.8 percent recorded in July 

last year. 

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Optimism as inflation eases | The Times Group

Optimism as inflation eases | The Times Group: "Optimism as inflation eases
Posted By: Caroline Kandieroon: March 20, 2017In: BusinessNo Comments
Minister of Finance and Economic Planning Goodall Gondwe has hinted at the possibility of a reduction in interest rates after inflation eased to 16.1 percent in February from 18.2 percent in January.

Latest figures released by the National Statistics Office show that inflation, also described as the rate at which the price of goods and services fluctuate, slowed by two percentage points in the past month. This should come as good news to consumers as this means there will be an improvement in disposable incomes."



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Malawi September inflation at 23.7 percent year-on-year: NSO | Reuters

Malawi September inflation at 23.7 percent year-on-year: NSO | Reuters: "JOHANNESBURG (Reuters) - Malawi's headline consumer inflation slowed to 23.7 percent year-on-year in September, from 24.5 percent in August, influenced by a decrease in the cost of cereals and in fuel prices, the statistics office said on Saturday."



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