Following many years of low readings, the core price index for consumer purchases for the 12 months through December was up 1.9 percent. 4 That reading lines up with the median Summary of Economic Projections (SEP) forecast from a year ago. So inflation is very close to the Committee’s 2 percent objective and its earlier expectation.
When I got appointed on 21st April, this year, when I was asked about priorities, I included one where the Reserve Bank of Malawi plays a central role in ensuring that no public money under any circumstances to be pilfered through theft.