Malawi Inflation Rate

The annual inflation rate in Malawi slowed to 26.0% in December 2025 from 27.9% in the previous month. This marked the lowest level since January 2023, as price pressures eased, particularly across food categories. Food inflation eased to 26.5% from 30.1% in the previous month. In contrast, non-food inflation rose to 25.2% from 24.2%, reflecting higher costs for housing, transport, and clothing. On a monthly basis, consumer prices increased 3.0% in December, following a 2.2% rise in each of the previous three months, marking the fastest monthly rise since February. For the full year of 2025, average inflation stood at 28.4% compared with 32.2% recorded in 2024.