• Inside Labour

    Without radical policy change SA's social fabric will continue to fray, says Terry Bell.

  • Long live your gadget

    Real gadget protection tends to cost real money, writes Arthur Goldstuck.

  • Taking SA for a ride

    The ANC seems to think all South Africans are idiots, says Mzwandile Jacks.

Data provided by iNet BFA
Loading...
See More

Food prices drive up Malawi inflation

Jan 24 2013 19:20 Reuters
Joyce Banda

(Picture: AFP)

Related Articles

Malawians protest economic reforms

IMF steps up economic support to Malawi

Malawi president agrees 30% pay cut

Malawi devalues kwacha by 48%

Malawi, Vale ink $1bn rail line deal

Inflation, drought hurt Malawi's economy

 
Blantyre - Malawi's year-on-year (y/y) headline inflation accelerated to 34.6% in December from 33.3% in November, driven mainly by higher food prices, the National Statistical Office said on thursday.

"The increase is emanating from the rise in both food costs at 34.5% compared to 5.2% and core inflation at 34.5% compared to 14.4% y/y," the NSO said.

It said that inflation in southern African countries averaged 21.3% in 2012, 13.7% points higher than 2011.
 
Finance Minister Ken Lipenga set an inflation target of 18.4% for 2012 in his 2012/13 budget statement.
malawi
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

“Hippie sense makes business sense,” an entrepreneur said, adding that "purpose" was core to success.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...