Malawi’s head line inflation is fast rising, surpassing the Reserve Bank of Malawi (RBM) and the Treasury target for 2023, recent data compiled by the central bank and the National Statistical Office show. According to the average inflation rates data, three month inflation rate has averaged 26 3 percent, which is 8.3 and 8.4 percentage
The International Monetar y Fund (IMF) has projected that Malawi’s 2023 annual inflation rate will average 26 percent due to the rising commodity prices in the year. The projection is 6.5 percentage points above the Reserve Bank of Malawi (RBM) projection for this year at 18.2 percent. The IMF, in its April World Economic Outlook
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