Inflation Mali 2024
Average inflation: 3.2%
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 6.6%. The lowest inflation was in March at -2.0%.
- Highest month
- October: 6.6%
- Lowest month
- March: -2.0%
- Difference
- 8.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.7% lower than the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 1.9%
- All-time high (2022)
- 9.6%
- All-time low (2016)
- -1.8%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +1.0 percentage point.
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- March: -9.6 percentage points
ECB Target
Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
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 €103.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 0.5% | -5.6 |
| February | -0.1% | -6.0 |
| March | -2.0% | -9.6 |
| April | 0.9% | -3.0 |
| May | 1.2% | -1.8 |
| June | 4.3% | +2.1 |
| July | 5.4% | +4.8 |
| August | 6.2% | +6.9 |
| September | 5.4% | +5.8 |
| October | 6.6% | +8.4 |
| November | 4.9% | +4.9 |
| December | 4.9% | +5.4 |
| Average | 3.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.