Inflation Mali 2023

Average inflation: 2.2%

Current Inflation

Inflation is normal at 2.2%, around the ECB target.

Peak and Trough

The highest inflation was in March at 7.6%. The lowest inflation was in October at -1.8%.

Highest month
March: 7.6%
Lowest month
October: -1.8%
Difference
9.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.7% lower than the 5-year average of 2.9%.

5-year average
2.9%
10-year average
1.7%
All-time high (2022)
9.6%
All-time low (2016)
-1.8%

Trend

Inflation shows a downward trend. Compared to 2022, inflation has fallen by +7.4 percentage point.

Change vs. previous year
-7.4 percentage points
Largest monthly swing
August: -14.6 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2023

Month overview

Month Inflation Difference vs. 2022
January 6.1% -2.6
February 5.9% -1.6
March 7.6% -0.2
April 3.9% -5.3
May 3.0% -6.7
June 2.2% -7.3
July 0.6% -11.2
August -0.7% -14.6
September -0.4% -11.7
October -1.8% -12.0
November 0.0% -8.0
December -0.5% -8.3
Average 2.2%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also