The annual inflation rate in Malawi edged down to 8.4 percent in August of 2021 from 8.7 percent in the previous month. It was the lowest inflation rate since February, amid a slowdown in prices of food (9.7 percent vs 10.3 percent in July), largely due to lower maize grain prices. At the same time, inflation remained steady for non-food products (at 7.2 percent). On a monthly basis, consumer prices went up 0.9 percent, after a 0.1 percent uptick in the previous month. source: National Statistical Office of Malawi
Inflation Rate in Malawi averaged 13.97 percent from 2001 until 2021, 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 September of 2021.
Inflation Rate in Malawi is expected to be 8.30 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 7.00 percent in 2022 and 7.30 percent in 2023, according to our econometric models.