Malawi inflation eases to 24.6% in November

Malawi’s year-on-year headline inflation rate for November 2015 as measured by the consumer price index (CPI) slowed down to 24.6 percent year-on-year from 24.7 percent in October, according to the National Statistical Office (NSO).

The slight decrease of 0.1 percent from the inflation rate of 24.7 percent registered in October 2015 is on account of decline in non-food inflation which eased in November.

In February 2013, the country’s inflation reached an all-time high of 37.9 percent.

On the other hand, NSO said food inflation jumped to 28.9 percent from 28.3 percent the month before.

“Urban and rural inflation rates stood at 18.9 percent and 28.8 percent respectively,” said the NSO in its Stats Flash.