Lower food prices help ease Malawi inflation

(Reuters) - Good maize harvests continue to help drive down inflation in Malawi, with the headline number easing to 7.7 percent year-on-year in June from 7.9 percent in May, the National Statistical Office (NSO) said on Thursday.

It said food inflation, which accounts for 58.1 percent of the impoverished southern African country's Consumer Price Index (CPI), dipped to 6.8 percent.


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UPDATE 1-US June CPI up 0.2 pct, core up 0.2 pct

(Reuters) - WASHINGTON, July 18 - U.S. consumer prices rose
by a slightly bigger-than-expected 0.2 percent in June on
higher food costs and they were up by the same amount after
stripping out volatile food and energy prices, the Labor
Department reported on Wednesday.




Last month's gain in the Consumer Price Index was slightly
larger than the 0.1 percent advance Wall Street economists were
expecting to see after a fall-off in energy prices. But the
increase in the more closely watched core prices index was
directly in line with expectations.


Read more at Reuters.com Economic News