Malaysia’s annual inflation declined to 2.2% in July of 2021 from 3.4% in the previous month and below market consensus of 2.9%. This was the lowest inflation rate since March, mainly due to the monthly electricity discount given to domestic consumers for a period of three months starting from July to September, amid lockdown measures to contain the spread of coronavirus. Prices rose softer for housing (0.7% vs 3.2%), transport (11.6% vs 16.6%), miscellaneous goods & services (0.1% vs 0.3%), furnishings, household equipment and routine maintenance (1.7% vs 2.0%), education (0.1% vs 0.5%), and alcoholic beverages & tobacco (0.5% vs 0.7%). Meanwhile, inflation was steady for food (at 1.3%), recreation services & culture (at 0.6%). On the other hand, prices of restaurants & hotels continued to increase (0.7% vs 0.5%). By contrast, prices fell further for clothing (-0.4% vs -0.4%). On a monthly basis, consumer prices dropped 0.6% in July, reversing from a 0.1% rise in June. source: Department of Statistics, Malaysia

Inflation Rate in Malaysia averaged 3.40 percent from 1973 until 2021, reaching an all time high of 23.90 percent in March of 1974 and a record low of -2.90 percent in April of 2020. This page provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Inflation Rate in Malaysia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Malaysia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.20 3.40 23.90 -2.90 1973 - 2021 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2021-05-21 04:00 AM Apr 4.7% 1.7% 4.9% 4.5%
2021-06-25 04:00 AM May 4.4% 4.7% 4.7% 4.9%
2021-07-23 04:00 AM Jun 3.4% 4.4% 3.5% 4.7%
2021-08-25 04:00 AM Jul 2.2% 3.4% 2.9% 3%
2021-09-24 04:00 AM Aug 2.2% 2.2% 2.2%
2021-10-22 04:00 AM Sep
2021-11-25 04:00 AM Oct
2021-12-23 04:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Malaysia Inflation Rate Falls to 4-Month Low
Malaysia’s annual inflation declined to 2.2% in July of 2021 from 3.4% in the previous month and below market consensus of 2.9%. This was the lowest inflation rate since March, mainly due to the monthly electricity discount given to domestic consumers for a period of three months starting from July to September, amid lockdown measures to contain the spread of coronavirus. Prices rose softer for housing (0.7% vs 3.2%), transport (11.6% vs 16.6%), miscellaneous goods & services (0.1% vs 0.3%), furnishings, household equipment and routine maintenance (1.7% vs 2.0%), education (0.1% vs 0.5%), and alcoholic beverages & tobacco (0.5% vs 0.7%). Meanwhile, inflation was steady for food (at 1.3%), recreation services & culture (at 0.6%). On the other hand, prices of restaurants & hotels continued to increase (0.7% vs 0.5%). By contrast, prices fell further for clothing (-0.4% vs -0.4%). On a monthly basis, consumer prices dropped 0.6% in July, reversing from a 0.1% rise in June.
2021-08-25
Malaysia Inflation Rate at 3-Month Low of 3.4%
Malaysia’s annual inflation declined to 3.4 percent in June of 2021 from 4.4 percent in the previous month and below market consensus of 3.5 percent. This was the lowest inflation rate since March, due mainly to a softer rise in prices of both transport (16.6% vs 26.0%) and food (1.3% vs 1.5%), amid the stricter lockdown measures. Also, prices increased less for miscellaneous goods & services (0.3% vs 0.7% in May), furnishings, household equipment and routine maintenance (2.0% vs 2.1%). Meantime, inflation was steady for housing (at 3.2%),recreation services & culture (at 0.6%), and alcoholic beverages & tobacco (at 0.7%). On the other hand, prices continued to rise for both education (0.5% vs 0.3%) and restaurants & hotels (0.5% vs 0.2%). By contrast, prices fell for clothing (-0.4% vs -0.5%). On a monthly basis, consumer prices edged up 0.1 percent in June, after a flat reading in May.
2021-07-23
Malaysia Inflation Rate Below Estimates
Malaysia’s annual inflation declined to 4.4 percent in May of 2021 from 4.7 percent in the previous month and below market consensus of 4.7 percent, due to a softer rise in prices of transport (26.0% vs 27.0% in April), food (1.5% vs 1.9%), miscellaneous goods & services (0.7% vs 1.2%), and recreation services & culture (0.6% vs 0.7%). Meantime, prices rose more for housing (3.2% vs 3.1%), furnishings, household equipment and routine maintenance (2.1% vs 1.6%), education (0.3% vs 0.2%), while inflation was steady for both restaurants & hotels (at 0.2%), and alcoholic beverages & tobacco (at 0.7%). In addition, prices fell faster for clothing (-0.5% vs -0.4%). On a monthly basis, consumer prices were unchanged in May, following a 0.2 percent rise in April.
2021-06-25
Malaysia Inflation Rate Highest Since 2017
Malaysia’s annual inflation increased to 4.7 percent in April of 2021 from 1.7 percent in the previous month but below market consensus of 4.9 percent. This was the third straight month of increase in consumer prices and the highest rate since March 2017, amid a jump in transport prices (27.0% vs 9.8% in March), due to a faster rise in fuel prices. In addition, food prices increased faster (1.9% vs 1.5%), while housing prices rebounded sharply (3.1% vs -0.8%). Also, prices upward pressure came from furnishings, household equipment and routine maintenance (1.6% vs 0.9%), recreation services & culture (0.7% vs 0.5%), alcoholic beverages & tobacco (0.7% vs 0.6%), miscellaneous goods & services (1.2% vs 1.0%), education (0.2%, after being flat in March) and restaurants & hotels (0.2%, after being flat in the prior month). By contrast, prices fell further for clothing (-0.4% vs -0.3%). On a monthly basis, consumer prices were up 0.2% in April, after edging up 0.1 percent in March.
2021-05-21

Malaysia Inflation Rate
In Malaysia, the most important categories in the consumer price index are Food and non-alcoholic beverages (30 percent of total weight) and Housing, water, electricity, gas and other fuels (23 percent of total weight). Others include: Transport (15 percent); Communication (6 percent); Recreation and culture (5 percent) and Furnishings, household equipment and routine household maintenance (4 percent). The remaining components are Restaurants and hotels at 3.2 percent and miscellaneous goods and services at 6.3 percent.