Thursday, 23 April 2015

Malawi Inflation Down By 1.5% In March

February 2015 

Malawi has registered another improvement in the month of March as the inflation ease by 1.5% similar to last month rates.


The National Statistical Office on its website indicates Malawi Consumer Price Indices (CPI) Dashboard for March 2015 has registered a reduction as the headline inflation for March 2015 shows now stands at 18.2 percent a decrease of 1.5 percent from last month (February 2015) where the rates were at 19.7%


The decrease is also an improvement from headline inflation of 24.0 percent for the same period last year (March 2014).


NSO indicates this is a result of decrease in both food and non-food commodities. 


The urban and rural rates stand at 19.7 percent and 18.0 percent respectively from 22.5 percent and 19.0 percent respectively last in February.


Now, overall, food inflation stands at 17.0 percent from 19.0 percent in February 2015. Food inflation has decreased due to continuous low prices of various food items while the decrease in non-food inflation is still emanating from mainly the effects of decline in fuel prices.

No comments:

Post a Comment