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Interest rates advertised by Malawi Savings Bank in Nchalo, Malawi on 30 September 2008 Exchange rates advertised by a currency trader in Lilongwe on 7 October 2008 Reserve Bank of Malawi Mzuzu Branch under construction in Mzuzu, a fast-growing city. July 2008. GDP - real growth rate: 4% (2017 est.)
While most countries saw a rise in their annual inflation rate during 2021 and 2022, some of the highest rates of increase have been in Europe, Brazil, Turkey and the United States. [ 120 ] [ 121 ] By June 2022, nearly half of Eurozone countries had double-digit inflation, and the region reached an average inflation rate of 8.6%, the highest ...
The annualized inflation rate hit 3.5% in March, up from 3.2% the month before and 3.1% in January. The Federal Reserve’s inflation target is 2%, and for much of the last 12 months, it looked as ...
16 May – A man in Mponela is convicted of insulting President Lazarus Chakwera after posting an animated TikTok video of him dancing. [1]10 June – 2024 Chikangawa Dornier 228 crash: A Malawi Defence Force aircraft carrying Vice-President Saulos Chilima, former First Lady Patricia Shanil Muluzi and seven other people crashes in the Chikangawa Forest Reserve, killing everyone on board.
The first big dent in that came with the botched withdrawal of US forces from Afghanistan in August 2021, which left 13 American service members dead in a suicide bombing.
The National Statistical Office of Malawi (NSO) is the main government department responsible for the collection and dissemination of official statistics in Malawi. [1] It has headquarters in Zomba and 300 employees, and operates under the 2013 Statistics Act. The NSO also has regional offices in the major urban centres of Lilongwe, Mzuzu, and ...
The Federal Reserve's latest inflation forecast published in September said core PCE — the central bank's preferred inflation reading — will likely finish next year at 2.6%, down from 3.7% at ...
17 November – Police fired tear gas to quell an anti-government protest against deteriorating economic conditions and rising cost of living in Malawi. Hundreds of people poured onto the streets of the southern commercial hub of Blantyre, calling on President Lazarus Chakwera’s administration to take immediate steps to rein in soaring prices ...