The annual inflation rate in Malawi eased for a ninth straight month to 7.1% in September of 2020, reaching the lowest since December of 2017. Prices slowed for food (10.3 percent vs 11.3 percent in August) while inflation remained steady for non-food products (at 4.4 percent). On a monthly basis, consumer prices went up 1.3 percent, following a 1.2 percent increase in the prior month.

Inflation Rate in Malawi averaged 14.24 percent from 2001 until 2020, reaching an all time high of 37.90 percent in February of 2013 and a record low of 6.30 percent in December of 2010. This page provides the latest reported value for - Malawi Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malawi Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Inflation Rate in Malawi is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Malawi to stand at 9.20 in 12 months time. In the long-term, the Malawi Inflation Rate is projected to trend around 9.00 percent in 2021 and 8.50 percent in 2022, according to our econometric models.

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Malawi Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.10 7.60 37.90 6.30 2001 - 2020 percent Monthly
2017M2=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 06:00 PM Jun 8.5% 8.7% 8.3%
2020-08-20 08:40 AM Jul 8.0% 8.5% 8.3%
2020-09-21 12:00 PM Aug 7.6% 8% 7.8%
2020-10-21 04:00 AM Sep 7.1% 7.6% 7.3%
2020-11-19 11:00 AM Oct 7.1%
2020-12-14 02:00 PM Nov


News Stream
Malawi Inflation Rate at Near 3-Year Low of 7.1%
The annual inflation rate in Malawi eased for a ninth straight month to 7.1% in September of 2020, reaching the lowest since December of 2017. Prices slowed for food (10.3 percent vs 11.3 percent in August) while inflation remained steady for non-food products (at 4.4 percent). On a monthly basis, consumer prices went up 1.3 percent, following a 1.2 percent increase in the prior month.
2020-10-21
Malawi July Inflation Rate at Near 1-1/2-Year Low
The annual inflation rate in Malawi eased for a seventh straight month to 8 percent in July of 2020, reaching the lowest level since February of 2019. Prices slowed for both food (12.2 percent vs 13.4 percent in June) and non-food products (4.4 percent vs 4.5 percent). On a monthly basis, consumer prices went up 0.4 percent, recovering from a 0.3 percent drop in the preceding month.
2020-08-20
Malawi May Inflation Rate at Over 1-Year Low of 8.7%
The annual inflation rate in Malawi fell for a fifth consecutive month to 8.7 percent from 9.4 percent in April, reaching its lowest level since February of 2019. Prices slowed for both food (13.7 percent vs 14.6 percent in April and non-food products (4.5 percent vs 5 percent). On a monthly basis, consumer prices were down 1.5 percent, after slumping 4.2 percent in the preceding month. Inflation slowed in both rural (10.8 percent vs 11.7 percent) and urban areas (6.1 percent vs 6.6 percent).
2020-06-17
Malawi April Inflation Rate at 7-Month Low of 9.4%
The annual inflation rate in Malawi dropped to 9.4 percent in April of 2020 from 9.8 percent in March, reaching its lowest level since last September, as prices slowed for both food (14.6 percent vs 14.7 percent in March) and non-food products (5 percent vs 5.1 percent). On a monthly basis, consumer prices slumped 4.2 percent, the most since August of 1999, after decreasing 0.7 percent in the previous month. Inflation slowed in both rural areas (11.7 percent vs 12.1 percent) and urban areas (6.6 percent vs 6.7 percent).
2020-05-18

Malawi Inflation Rate
In Malawi, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.