Annual reports from various firms and economic experts are forecasting inflation rates for 2019; though the forecasts are not uniform, every review has its reasons behind its projected figure.
Economist Intelligence Unit has forecasted a depreciated Malawi Kwacha registering at 9% by the end of 2019.
Alliance Capital Limited justb reported an average of 8.5% in 2019, citing the firgure to better food supply, a stable currency and stable fuel prices.
Tradingeconomics.com has forecasted 9.50% by the first quarter of 2019, but has predicted 5% in 2020, which is inline with RBM’s goal for that year.
As various indicators of economy affect the inflation rate, businesses are advised to be watchful of the first quarter of 2019.