The annual inflation rate in Madagascar rose to 7.9% in April 2026 from 6.8% in the previous month, the highest since July 2025. Inflation Rate in Madagascar averaged 8.47 percent from 1997 until 2026, 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. source: Institut National de la Statistique de Madagascar
Inflation Rate in Madagascar is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Inflation Rate is projected to trend around 5.60 percent in 2027 and 6.40 percent in 2028, according to our econometric models.