Malawi’s headline inflation has been reduced further by 0.1 percent to 23.9 percent, according to the National Statistical Office (NSO) released Friday. According to a statement from NSO, the country’s food inflation was recorded at 19.5percent as compared to 30.7 percent during the same period last year.
“Headline inflation continues to fall in recent months. It is also observed on food inflation which has been declining in the recent months,” it said.
It added that food inflation is declining mainly due to the availability of cereals in most parts of the country.
Non food inflation have gone up due to the rise in prices of fuel both at local and international level.
NSO also said urban and rural rates stand at 33.7 percent and 19.1 percent respectively.
( Courtesy APA & NSO ……… Source ……… Our Freelance Contributor in Nairobi)