The annual inflation rate rose to 9.3 percent in July 2019 from 9.0 percent in the previous, hitting its highest level since March. Main upward pressure came from food products (14.2 percent vs 13.7 percent in June). Inflation Rate in Malawi averaged 14.55 percent from 2001 until 2019, 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.
Inflation Rate in Malawi is expected to be 9.70 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 6.40 in 12 months time. In the long-term, the Malawi Inflation Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.