The inflation rate in Madagascar was recorded at 4.20 percent in March of 2020.
Inflation Rate in Madagascar averaged 8.80 percent from 1997 until 2020, 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. Madagascar Inflation Rate - values, historical data and charts - was last updated on June of 2020.
Inflation Rate in Madagascar is expected to be 5.30 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 5.70 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.