Malawi inflation rate for 2024 was 32.18%, a 3.39% increase from 2023.
Malawi inflation rate for 2023 was 28.79%, a 7.84% increase from 2022.
Malawi inflation rate for 2022 was 20.95%, a 11.62% increase from 2021.
Malawi inflation rate for 2021 was 9.33%, a 0.7% increase from 2020.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.