The inflation rate in Madagascar was recorded at 4.90 percent in November of 2019. Madagascar Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Inflation Rate in Madagascar averaged 8.89 percent from 1997 until 2019, reaching an all time high of 30.40 percent in February of 2005 and a record low of -8.50 percent in June of 2003. This page provides the latest reported value for - Madagascar Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Inflation Rate in Madagascar is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Madagascar to stand at 5.50 in 12 months time. In the long-term, the Madagascar Inflation Rate is projected to trend around 6.00 percent in 2021, according to our econometric models.