Inflation Malawi 2019
Average inflation: 9.4%
Current Inflation
Inflation is very high at 9.4%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 11.6%. The lowest inflation was in February at 7.9%.
- Highest month
- December: 11.6%
- Lowest month
- February: 7.9%
- Difference
- 3.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 15.3%. The lowest price increase was in Energy with an average of 3.7%.
- Highest increase
- Food: 15.3%
- Lowest increase
- Energy: 3.7%
Historical Context
Current inflation is 6.0% lower than the 5-year average of 15.4%.
- 5-year average
- 15.4%
- 10-year average
- 17.5%
- All-time high (2013)
- 27.6%
- All-time low (2011)
- 7.6%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +3.1 percentage point.
- Change vs. previous year
- -3.1 percentage points
- Largest monthly swing
- August: -8.3 percentage points
ECB Target
Inflation is 7.4% 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 €109.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 8.8% | +0.7 |
| February | 7.9% | +0.1 |
| March | 9.3% | -0.6 |
| April | 9.1% | -0.6 |
| May | 8.9% | -2.7 |
| June | 8.9% | -5.0 |
| July | 9.3% | -7.4 |
| August | 9.5% | -8.3 |
| September | 9.2% | -6.5 |
| October | 9.5% | -6.7 |
| November | 10.3% | -2.8 |
| December | 11.6% | +1.7 |
| Average | 9.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.