The annual inflation rate in Malawi decelerated for the second straight month to 8.9 percent in May of 2021. Food prices advanced 11 percent from a year earlier, down slightly from an 11.5 percent jump in the previous month. Meanwhile, non-food inflation ticked higher (7.1 percent vs 7 percent). On a monthly basis, consumer prices fell 1.7 percent, following a 5.1 percent decline in the previous month. source: National Statistical Office of Malawi
Inflation Rate in Malawi averaged 14.03 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 June 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.