Figures from National Statistical Office (NSO) have shown that Malawi’s headline inflation has eased by 0.2 percentage points in May 2019 to 8.9% from 9.1%.
According NSO, a drop in food inflation has attributed the easing in headline inflation, as food inflation was recorded at 13% in May, down from 13.8% in April while non-food inflation stood at 5.7%, up from 5.4% in April.
Tradingeconomics.com has also shown that the annual inflation rate in Malawi dropped to 8.9% in May 2019 from 9.1 percent in the previous month. The website review reads “It was the lowest inflation rate since February. Inflation Rate in Malawi averaged 14.60% from 2001 until 2019, reaching an all time high of 37.90% in February of 2013 and a record low of 6.30% in December of 2010.”