Malawi's annual inflation rate accelerated to 24.3% in April 2026, up from 23.8% in March. This marks the highest level in three months, as non-food inflation rose to a record high of 33.2%, from 30.7% in March, due to higher petrol and diesel prices and reflecting higher costs in transports and housing and utilities. In contrast, food inflation eased to 19.1% from 20%. On a monthly basis, consumer prices rose declined 2.5%, reversing a 0.6% increase in the previous month. source: National Statistical Office of Malawi

Inflation Rate in Malawi increased to 24.30 percent in April from 23.80 percent in March of 2026. Inflation Rate in Malawi averaged 16.26 percent from 2001 until 2026, 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 2026.

Inflation Rate in Malawi increased to 24.30 percent in April from 23.80 percent in March of 2026. Inflation Rate in Malawi is expected to be 25.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Inflation Rate is projected to trend around 17.00 percent in 2027 and 15.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-17 02:30 PM
Inflation Rate YoY
Mar 23.8% 24.1% 23.6%
2026-05-20 06:50 AM
Inflation Rate YoY
Apr 24.3% 23.8% 23.4%
2026-06-24 02:00 PM
Inflation Rate YoY
May 24.3% 24.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 293.30 291.60 points Mar 2026
CPI Housing Utilities 256.00 243.80 points Feb 2026
CPI Transportation 251.30 250.90 points Feb 2026
Food Inflation 19.10 20.00 percent Apr 2026
Inflation Rate YoY 24.30 23.80 percent Apr 2026


Malawi Inflation Rate
In Malawi, 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
24.30 23.80 37.90 6.30 2001 - 2026 percent Monthly
2021M12=100

News Stream
Malawi Inflation Rate Accelerates
Malawi's annual inflation rate accelerated to 24.3% in April 2026, up from 23.8% in March. This marks the highest level in three months, as non-food inflation rose to a record high of 33.2%, from 30.7% in March, due to higher petrol and diesel prices and reflecting higher costs in transports and housing and utilities. In contrast, food inflation eased to 19.1% from 20%. On a monthly basis, consumer prices rose declined 2.5%, reversing a 0.6% increase in the previous month.
2026-05-21
Malawi Inflation Rate Eases to 2022-Low
Malawi's annual inflation rate eased to 23.8% in March 2026, marking a new lowest level since July 2022, down from 24.1% in February. Food inflation slowed, edging down to 20% from 20.8% in the previous month. In contrast, non-food inflation rose to 30.7% from 30% in February. On a monthly basis, consumer prices rose 0.6%, easing from a 3.2% increase in February.
2026-04-17
Malawi Inflation Rate Eased in February
Malawi’s annual inflation rate eased to 24.1% in February 2026, the lowest level since July 2022, down from 24.9% in January. The slowdown was largely due to food inflation, which fell to 20.8% from 22.1% in the previous month. In contrast, non-food inflation edged up to 30% from 29.8%. This increase was mainly attributed to stronger price pressures in housing and utilities, alcoholic beverages and tobacco, and transport, largely linked to higher fuel prices. On a monthly basis, consumer prices rose 3.2%, down from 3.7% in the previous month.
2026-03-16