EIU forecasts annual inflation at 33.9%

The Economist Intelligence Unit (EIU) has projected Malawi’s 2024 annual inflation to rise 5.1 percentage points from 28.8 percent in 2023 to 33.9 percent. In its quarterly projections, quoted in the Nico Asset Managers March 2024 Monthly Economic Report, EIU attributes this to the flexible exchange rate regime. Reads the report in part: “Inflation is

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