Average inflation measured by CPI reached 1.73 % in 2018 in Mali, according to the National Statistical Office. This is 1.70 % less than in the previous year.
Historically, average inflation measured by CPI in Mali reached an all time high of 24.3 % in 1994 and an all time low of -14.9 % in 1987. When compared to Mali's main peers, average inflation measured by CPI in Algeria amounted to 4.27 %, 1.96 % in Burkina Faso, 3.05 % in Mauritania and 2.75 % in Niger in 2018.
Mali has been ranked 119th within the group of 175 countries we follow in terms of average inflation measured by CPI, 35 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) 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.