Development of inflation rates in Malawi
The inflation rate for consumer prices in Malawi moved over the past 38 years between 7.4% and 83.3%. For 2019, an inflation rate of 9.4% was calculated.
During the observation period from 1981 to 2019, the
average inflation rate was 20.2% per year. Overall, the price increase was 88,615.60 %. An item that cost 100 Kwacha in 1981 was so charged 88,715.60 Kwacha in the beginning of 2020.
In only a very few countries, the price increase is that high. The rate of 83.3% in 1995 means, that compared to the previous year all prices have been increased by an average of 83.3%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.
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