The annual inflation rate of Madagascar increased to 7.2% on November 2025, the lowest since June 2024, from 7.5% in the previous month. Inflation Rate in Madagascar averaged 8.49 percent from 1997 until 2025, 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 8.00 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.



Related Last Previous Unit Reference
Consumer Price Index CPI 192.40 191.80 points Nov 2025
CPI Housing Utilities 173.10 173.10 points Nov 2025
CPI Transportation 166.50 166.60 points Nov 2025
Food Inflation 8.50 8.90 percent Nov 2025
Inflation Rate 7.20 7.50 percent Nov 2025
Inflation Rate MoM 0.30 0.30 percent Nov 2025


Madagascar Inflation Rate
In Madagascar, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.
Actual Previous Highest Lowest Dates Unit Frequency
7.20 7.50 30.40 -8.50 1997 - 2025 percent Monthly
2016=100, NSA