Inflation Madagascar 2005
Average inflation: 18.8%
Current Inflation
Inflation is very high at 18.8%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 30.3%. The lowest inflation was in December at 11.4%.
- Highest month
- February: 30.3%
- Lowest month
- December: 11.4%
- Difference
- 18.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 15.8%. The lowest price increase was in Energy with an average of 15.8%.
- Highest increase
- Energy: 15.8%
- Lowest increase
- Energy: 15.8%
Historical Context
Current inflation is 7.6% higher than the 5-year average of 11.2%. This approaches the highest level since records began (18.8% in 2005).
- 5-year average
- 11.2%
- 10-year average
- 11.1%
- All-time high (2005)
- 18.8%
- All-time low (2003)
- -1.4%
Trend
Inflation shows an upward trend. Compared to 2004, inflation has risen by +4.7 percentage point.
- Change vs. previous year
- +4.7 percentage points
- Largest monthly swing
- February: +30.6 percentage points
ECB Target
Inflation is 16.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €118.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 29.2% | +29.5 |
| February | 30.3% | +30.6 |
| March | 26.5% | +24.5 |
| April | 21.9% | +15.4 |
| May | 18.2% | +8.8 |
| June | 15.3% | +1.8 |
| July | 15.1% | -2.8 |
| August | 16.3% | -3.8 |
| September | 14.7% | -7.5 |
| October | 13.9% | -10.3 |
| November | 12.8% | -13.5 |
| December | 11.4% | -15.9 |
| Average | 18.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.