Monday 23 March 2015

Malawi Inflation Ease by 1.5% In February



The National Statistical Office (NSO) says February 2015 Malawi Consumer Price Indices (CPI) Dashboard is pegged at 19.7%.



The headline inflation for February 2015 stands at 19.7 percent compared to the headline inflation of 24.6 percent for the same period last year (February 2014). 



This figure show that, there is a decrease of 1.5 percent from last month (January 2015).



January Overall Inflation was at 21.20 while in the month of February was at 19.70



The urban and rural rates stand at 22.5 percent and 19.0 percent respectively.



Overall, food inflation stands at 19.0 percent from 21.5 percent in January 2015. 



"Although food prices have gone up the rate of increase is much lower than the corresponding rate in the same period last year, reads NSO statement "The decrease in non-food inflation is still emanating from mainly the effects of decline in fuel prices."



January Statistics Visavis February 



According to Reserve Bank of Malawi statistics:


January Overral Consumer Price Indices (CPI) was at 185.60 while in February is at 193.50



In the month of January, Food CPI was at 184.70 while February is at 195.00



January's Food Inflation was at 21.50 while February is at 19.00



This year's January Non-Food CPI was at 186.10 while in February is at 196.60



As of January 2015, Non-Food Inflation was at 20.80 while in February is at 20.40

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