What is Lesotho’s inflation trend?

Inflation in Lesotho rose slightly in 2012 to 6.7% and went down to 5% in 2013. Inflationary pressures continued to build up during the second quarter of 2014, with consumer inflation reaching a peak of 6.7 per cent in May 2014 and moderating slightly to 6.5 per cent in June. It was initially forecast to average 4.9% in 2014, but has been revised to 6.6% over the medium term.

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About LNDC

The Lesotho National Development Corporation (LNDC) is the main parastatal of the Government of Lesotho charged with the implementation of the country’s industrial development policies.

“The mandate of the Corporation is to initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho.”  more...

Contact us

Lesotho National Development Corporation
Block A, Development House, Kingsway Street
Maseru, Lesotho, 100


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