Current inflation Malawi 28.1%
December 2024
Current Inflation
Inflation is very high at 32.3%, far above the ECB target.
Historical Context
Current inflation is 12.3% higher than the 5-year average of 20.0%. This approaches the highest level since records began (32.3% in 2024).
- 5-year average
- 20%
- 10-year average
- 17.7%
- All-time high (2024)
- 32.3%
- All-time low (2011)
- 7.6%
Trend
Inflation shows an upward trend. Compared to 2023, inflation has risen by +3.6 percentage point.
ECB Target
Inflation is 30.3% 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 €132.30 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 32.3%
- Last year
- 28.7%
- 5-year average
- 32.3%
- All-time high (2024)
- 32.3%