Malawi’s inflation rate eased to 26.0% in December 2025, down from 27.9% in November, marking its lowest level since January 2023 as overall price pressures began to subside. The slowdown was largely driven by a sharp decline in food inflation, which fell to 26.5% from 30.1% in the previous month.

In contrast, non-food inflation accelerated, with prices for items such as housing, transport and clothing rising to 25.2%, up from 24.2% in November. Meanwhile, over the weekend, President Peter Mutharika marked his first 100 days in office, as civil society groups urged the government to prioritise economic stabilisation and strengthen public service delivery. Thami Ngubeni spoke to Dr Bertha Bangara-Chikadza, Macroeconomist and President of the Economics Association of Malawi (ECAMA).