Wholesale, retail sectors on decline

Revitalizing Malawi's Economic Growth: Turning Around Declining Wholesale and Retail Sectors - Business Malawi

Key Business Points Foreign exchange shortages have significantly impacted Malawi’s wholesale and retail sector, leading to a decline in sector output and economic activity. Policy changes, such as temporary import […] The post Revitalizing Malawi’s Economic Growth: Turning Around Declining Wholesale and Retail Sectors appeared first on Business Malawi.

Wholesale, retail sectors on decline

Malawi’s wholesale and retail sector output has declined over the past five years largely due to foreign exchange shortages, significantly affecting economic activity and consumer confidence, a government report shows. Data from the Malawi Government Annual Economic Report for 2024 indicates a consistent decline in the sector’s contribution to the gross domestic product (GDP) from 2021 to 2025. In 2021, the sector accounted for 12.4 percent of G…