Malawi inflation moves into double digist

Monday, February 20th, 2012 | Post By

ZOMBA (Reuters) – Malawi’s consumer inflation quickened to 10.3 percent year-on-year in January from 9.8 percent in December, data from the National Statistics Office (NSO) showed on Monday.

“Food inflation has gone up by 6.1 percent as compared to 5.2 percent recorded in the previous month due to price increases in cereal and cereal products and other food commodities,” the NSO said in a statement.