The annual inflation rate in Malawi accelerated for the fourth consecutive month to 9.4 percent in March of 2021, reaching its highest level since April of last year. Food inflation peaked to an eight-month high of 11.7 percent from 10.3 percent in the previous month. At the same time, prices advanced faster for non-food inflation (6.9 percent vs 6.3 percent in February). On a monthly basis, consumer prices went up 1 percent, slowing from a 1.9 percent rise in the prior month. source: National Statistical Office of Malawi
Inflation Rate in Malawi averaged 14.08 percent from 2001 until 2021, 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 May of 2021.
Inflation Rate in Malawi is expected to be 12.00 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 7.60 in 12 months time. In the long-term, the Malawi Inflation Rate is projected to trend around 8.10 percent in 2022 and 8.20 percent in 2023, according to our econometric models.