Malawi inflation inches up to 24.1 percent
Malawi’s National Statistical Office (NSO) said Monday that the country’s year-on-year headline inflation rate for the month of September increased by 1.1 percentage points to 24.1 percent from the previous month’s 23 percent.
The country’s inflation rate is measured by the consumer price index.
The NSO attributed the jump to an increase in food inflation, which rose by 27.2 percent in September from 26.8 in August to maize deficit of about 30.2 percent due to floods and dry spell.
“The September 2015 rate is 0.4 percentage points higher than the rate registered during the same period last year which was at 23.7 percent,” it said.
However, it added that non-food inflation also jumped to 21.3 percent in September from 19.9 percent a month before.
The urban and rural inflation rates stood at 19.6 and 27.4 percent respectively, it said.
Follow and Subscribe Nyasa TV :
U don’t expect a minister who is 80+ with no family in malawi to do well. Have u ever heard or seen mwana wa Goodal Gondwe, have u seen hs wife?? Thiz r guys who r making money in malawi now.
How can a govt waste our time talking about cashgate? We already know a lot about that u fools.
Koma ndie zikutivuta Chakwela,JB, CSO’s,students,civil servants the list goes on and on and on panonso ndie inflation? Anthu satinveladi ndipo zativuta tikuvomeleza ife a DPP.