Inflation Madagascar 2009
Average inflation: 9.0%
Current Inflation
Inflation is very high at 9.0%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 10.4%. The lowest inflation was in August at 7.6%.
- Highest month
- April: 10.4%
- Lowest month
- August: 7.6%
- Difference
- 2.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 11.7%. The lowest price increase was in Energy with an average of 11.7%.
- Highest increase
- Energy: 11.7%
- Lowest increase
- Energy: 11.7%
Historical Context
Current inflation is 2.6% lower than the 5-year average of 11.6%.
- 5-year average
- 11.6%
- 10-year average
- 10.6%
- All-time high (2005)
- 18.8%
- All-time low (2003)
- -1.4%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- August: -3.7 percentage points
ECB Target
Inflation is 7.0% 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 €109.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 9.7% | +0.9 |
| February | 10.3% | +3.1 |
| March | 10.2% | +2.4 |
| April | 10.4% | +3.5 |
| May | 9.9% | +2.0 |
| June | 9.3% | +0.2 |
| July | 8.2% | -2.2 |
| August | 7.6% | -3.7 |
| September | 7.9% | -3.0 |
| October | 7.7% | -3.2 |
| November | 8.4% | -1.7 |
| December | 8.0% | -2.1 |
| Average | 9.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.