Inflation Madagascar 2015
Average inflation: 7.4%
Inflation in 2015
Inflation is very high at 7.4%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 7.9%. The lowest inflation was in January at 6.2%.
- Highest month
- March: 7.9%
- Lowest month
- January: 6.2%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is around the 5-year average of 6.9%.
- 5-year average
- 6.9%
- 10-year average
- 8.3%
- All-time high (2005)
- 18.8%
- All-time low (2003)
- -1.4%
Trend
Over the period 2013-2015, inflation shows an upward trend. Compared to 2014, inflation has risen by 1.3 percentage points.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- March: +2.0 percentage points
ECB Target
Inflation is 5.4 percentage points 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 MGA 100 this year will cost approximately MGA 107 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 6.2% | +0.1 |
| February | 6.7% | +0.6 |
| March | 7.9% | +2.0 |
| April | 7.7% | +1.5 |
| May | 7.5% | +1.2 |
| June | 7.6% | +1.4 |
| July | 7.6% | +1.4 |
| August | 7.7% | +1.5 |
| September | 7.6% | +1.5 |
| October | 7.5% | +1.6 |
| November | 7.4% | +1.6 |
| December | 7.6% | +1.6 |
| Average | 7.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.