Malawi Inflation Eases to Lowest Since 2022

2026-09-21 23:25 By Chusnul Chotimah 1 min. read

The annual inflation rate in Malawi slowed to 20.0% in August 2026, down from 20.8% in the previous month.

It was the lowest inflation rate since May 2022, as both food and non-food inflation eased.

Food inflation, which continues to be the main driver of inflation in Malawi, eased to 13.4% in August from 14.3% in July, marking the softest increase since November 2021, particularly as prices of cereals such as rice, maize, and maize flour moderated.

Non-food inflation also slowed to 31.8% from 32.2%, with charcoal and firewood prices under housing, water, and electricity contributing to the increase.

On a monthly basis, consumer prices rose by 2.0%, the same pace as in July, remaining the fastest increase in six months.



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Malawi Inflation Eases to Lowest Since 2022
The annual inflation rate in Malawi slowed to 20.0% in August 2026, down from 20.8% in the previous month. It was the lowest inflation rate since May 2022, as both food and non-food inflation eased. Food inflation, which continues to be the main driver of inflation in Malawi, eased to 13.4% in August from 14.3% in July, marking the softest increase since November 2021, particularly as prices of cereals such as rice, maize, and maize flour moderated. Non-food inflation also slowed to 31.8% from 32.2%, with charcoal and firewood prices under housing, water, and electricity contributing to the increase. On a monthly basis, consumer prices rose by 2.0%, the same pace as in July, remaining the fastest increase in six months.
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