Inflation Madagascar 2011
Average inflation: 9.5%
Current Inflation
Inflation is very high at 9.5%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 12.3%. The lowest inflation was in December at 6.9%.
- Highest month
- February: 12.3%
- Lowest month
- December: 6.9%
- Difference
- 5.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 6.8%. The lowest price increase was in Energy with an average of 6.8%.
- Highest increase
- Energy: 6.8%
- Lowest increase
- Energy: 6.8%
Historical Context
Current inflation is around the 5-year average of 9.5%.
- 5-year average
- 9.5%
- 10-year average
- 10.6%
- All-time high (2005)
- 18.8%
- All-time low (2003)
- -1.4%
Trend
Inflation has remained relatively stable. Compared to 2010, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- February: +4.7 percentage points
ECB Target
Inflation is 7.5% 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 €109.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 11.2% | +2.7 |
| February | 12.3% | +4.7 |
| March | 11.5% | +3.6 |
| April | 10.6% | +2.1 |
| May | 10.2% | +1.1 |
| June | 9.6% | -0.4 |
| July | 9.4% | -0.9 |
| August | 8.9% | -1.3 |
| September | 8.4% | -1.1 |
| October | 7.9% | -1.5 |
| November | 7.3% | -2.2 |
| December | 6.9% | -3.3 |
| Average | 9.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.