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EIU sees annual average inflation surging to 29%
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EIU sees annual average inflation surging to 29%
The Economist Intelligence Unit (EIU) has projected that Malawi’s 2026 annual average inflation rate will rise to 29 percent due to the Middle East conflict induced by the imminent spike in fuel prices, among others. The forecast by EIU, a subsidiary of UK’s Economist Group, comes at a time the United Nations (UN) and the World Bank have also expressed fear that the country’s recent inflation gains could be lost due to the impact of the ongoing…
·Blantyre, Malawi
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