Inflation Rate

Track the annual rate of change in the national price level, with recent movements, yearly averages and long-term historical data.

Latest observation · June 2026 · Source: Maldives Bureau of Statistics via MMA

Latest rate 2.6%

▼ +0.0 pp from May · -1.4 pp from June 2025

Previous month 2.5% May 2026

Same month last year 4.0% June 2025

Q2 2026 average 2.6% Average of Apr–Jun rates

2025 average 4.0% Full-year monthly average

Historical series

National inflation rate

Monthly annual inflation rate · per cent

Inflation rate Zero

The line shows the rate reported for each month. A movement in percentage points does not mean prices rose or fell by that amount within one month.

What the latest data shows

National inflation remained broadly unchanged at 2.6% in June 2026, compared with 2.5% in May. The annual rate increased by less than 0.1 percentage points between the two months.

June's rate was 1.4 percentage points below the 4.0% recorded in June 2025. The average rate across the latest 12 observations was 1.9%, compared with 3.8% across the preceding 12 months.

Latest 12-month average 1.9%

-1.8 percentage points compared with the preceding 12-month average.

Negative-rate months 2

January and March 2026 recorded negative annual inflation.

2026 average to date 0.9%

Average of the six monthly observations available through June.

Recent monthly readings

Recent readings

Period	Inflation rate	Change from previous month	Change from same month last year
June 2026	2.6%	+0.0 pp	-1.4 pp
May 2026	2.5%	-0.0 pp	-2.0 pp
April 2026	2.5%	+4.3 pp	-3.3 pp
March 2026	-1.7%	-1.8 pp	-7.3 pp
February 2026	0.0%	+0.4 pp	-5.4 pp
January 2026	-0.4%	-0.7 pp	-6.0 pp
December 2025	0.4%	-1.0 pp	-4.4 pp
November 2025	1.3%	-2.5 pp	-2.7 pp
October 2025	3.8%	+0.0 pp	+2.8 pp
September 2025	3.8%	-0.3 pp	+2.7 pp
August 2025	4.1%	+0.2 pp	+2.7 pp
July 2025	3.9%	-0.1 pp	+2.5 pp
June 2025	4.0%	-0.5 pp	+2.6 pp

The change columns are expressed in percentage points. They compare inflation rates; they are not separate measures of monthly or annual price growth.

Annual averages

Average monthly inflation rate by year

Years with fewer than 12 observations shown in grey — partial-year average, not a final figure.

Long-term context

Highest in supplied series 37.3% January 1992

Lowest in supplied series -14.2% November 1988

Highest since 2010 17.7% March 2012

Lowest since 2010 -4.5% June 2020