Economists have said the easing pressure on inflation rate may not translate into relief in prices of goods and services in the short-term, but this could be temporary. Ideally, easing inflation could entail that consumers have less incentive to spend money in the short-term, resulting in less economic activity. While headline inflation rate has eased
MCCCI urges preferential monetary policy stance mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
The World Bank has rated the kwacha among the four worst four performing currencies in the region in 2023, alongside the Nigerian naira, Angolan kwanza, and South Sudanese pound. In its April publication of the Africa’s Pulse, the bank observes that food inflation and the weakening of domestic currencies are still major drivers of inflation
The Economist Intelligence Unit (EIU), a research and analysis division of the Economist Group, says the kwacha is expected to depreciate further until it catches the spread between the formal and informal market exchange rates. In its analysis quoted in the Nico Asset Managers Monthly Economic Report for February 2024, the firm says bi-monthly exchange
Hope rises for exporting firms | The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.