Tags: CPI

Inflation edges up to 23%

  Malawi’s year-on-year inflation as measured by consumer price index (CPI) rose by 0.8 percentage points to 23 percent in August 2015 from 22.2 percent the month before, the National Statistical Office (NSO) has said. The Zomba-based NSO has attributed the increase to “general price increase during the period as compared to the same period…

Malawi plunges on global corruption index

Civil society organisations (CSOs) have demanded several reforms after Malawi plunged 19 steps on the Corruption Perception Index (CPI) computed by the global anti-corruption watchdog Transparency International (TI). The country has dropped from 91 last year to 110 this year during a period that Cashgate—the fraud and corruption scam that has hit the country—exploded. Among…

Goodall pledges economic stability

Newly-appointed Finance Minister Goodall Gondwe has described the state of the economy as ‘depressed’ saying there is little economic activity taking place. But Gondwe, now doubling also as the Economic Planning Minister, has vowed to bring about the much-needed macroeconomic stability by lowering down both interest and inflation rates as well as maintain enough foreign…

Inflation inches down to 23.9 percent

Malawi’s inflation rate as measured by the Consumer Price Index (CPI) fell slightly by one percentage point to 23.9 percent in April compared to the previous month. The National Statistical Office (NSO) CPI dashboard indicates that urban inflation dropped to 33.7 percent from 34.3 percent while rural inflation receded to 19.1 percent from 19.5 percent.…