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Malawi inflation slows to 22.6 percent

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Malawi’s consumer prices grew at their slowest year-on-year pace since October in May, with CPI slowing to 22.6 percent from 23.9 percent in April, the National Statistics Office (NSO) in Zomba has said. In the 2013/14 budget statement government expected that inflation would slow down to 14.2 percent by December 2013 and to seven percent...

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