Cost of food in Malaysia increased 1.20 percent in October of 2018 over the same month in the previous year. Food Inflation in Malaysia averaged 3.62 percent from 2011 until 2018, reaching an all time high of 5.67 percent in October of 2011 and a record low of 0.70 percent in July of 2018.
Food Inflation in Malaysia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Malaysia to stand at 3.80 in 12 months time. In the long-term, the Malaysia Food Inflation is projected to trend around 4.10 percent in 2020, according to our econometric models.