How to display print statements interlaced with matplotlib plots inline in Ipython?

There is simple solution, use matplotlib.pyplot.show() function after plotting.

this will display graph before executing next line of the code

%matplotlib inline
import matplotlib.pyplot as plt

i = 0
for data in manydata:
    fig, ax = plt.subplots()
    print "data number i =", i
    ax.hist(data)
    plt.show() # this will load image to console before executing next line of code
    i = i + 1

this code will work as requested