Inflation Rate in Maldives decreased to 2.74 percent in May from 3.35 percent in April of 2021. source: National Bureau of Statistics, Maldives

Inflation Rate in Maldives averaged 4.04 percent from 2005 until 2021, reaching an all time high of 17.72 percent in March of 2012 and a record low of -4.50 percent in June of 2020. This page provides - Maldives Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives Inflation Rate - values, historical data and charts - was last updated on July of 2021.

Inflation Rate in Maldives is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Maldives to stand at 1.00 in 12 months time. In the long-term, the Maldives Inflation Rate is projected to trend around 2.50 percent in 2022 and 2.70 percent in 2023, according to our econometric models.

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Maldives Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.74 3.35 17.72 -4.50 2005 - 2021 percent Monthly

Maldives Prices Last Previous Highest Lowest Unit
Inflation Rate 2.74 3.35 17.72 -4.50 percent [+]
Inflation Rate Mom 0.40 2.80 2.80 -3.80 percent [+]
Consumer Price Index CPI 98.61 99.14 100.59 52.65 points [+]
Cpi Housing Utilities 95.64 95.64 115.90 88.20 points [+]
Cpi Transportation 99.14 99.14 108.60 93.20 points [+]
Food Inflation 1.10 2.90 8.80 -6.00 percent [+]

Maldives Inflation Rate
In Maldives, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (33 percent of the total weight) and food and non-alcoholic beverages (24 percent). The index also includes: household appliances (7.4 percent); transports (5.02 percent); communication (4.95 percent); restaurants and hotels (4.09 percent); health (3.34 percent) and education (3.15 percent).