Malawi inflation rate continues to drop

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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%.

“For food it is 5.1% while for non food items it is 11.6%,” says a post on Malawi Government Facebook post.

Malawi’s inflation fell by 0.9 percentage points from 10.2 percent in July to the single digit figure of 9.3 percent in August.

Experts hailed the drop saying the speed of the rise in commodity prices, will be reduced.

 

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2 Comments

  1. Ngati inflation ikutsika why is it that katundu akukwela daily. Each time you go to shops you find kuti mitengo yasintha? This is just on paper but practically it’s the opposite. shame to all in power

  2. Thank you my beautiful government of Malawi. Asiyeni anthu awo omwe asankha kutseka maso ndi makutu kuti asaone ndi kumva zabwino zomwe boma lathu likuchita kuti akhale chomwecho ndi umbuli. Koma musadabwe pooti nawonso akufuna udindo omwewo, choncho ndi njiru yomwe yachuluka. Tsoka kwa iwo omwe alowe mumabwato a iwo anjiruwo chifukwa kwao ndikumira mu chaka cha 2019.