Comesa year-on-year inflation increases

THE Common Market for Eastern and Southern Africa (Comesa) year-on-year inflation rate as measured by the Harmonised Consumer Price Index (HCPI) stood at 10,7% for the month of March compared to 9,8% the previous month.

The HCPI is an indicator of inflation and price stability in the region.

During the first quarter, Sudan had the highest year-on-year inflation rate of 27,1% followed by Malawi with an annual inflation rate of 19,9% while Rwanda recorded the least annual inflation rate of -3,3%.

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