Malaysia's consumer price inflation stood at 0.2 percent year-on-year in April 2019, unchanged from the previous month but less than market consensus of 0.4 percent. Main upward pressure came from prices of food, housing & utilities and education. Transport cost continued to fall but at a softer pace. On a monthly basis, consumer prices were flat in April, following a 0.2 percent gain in March. Inflation Rate in Malaysia averaged 3.55 percent from 1973 until 2019, reaching an all time high of 23.90 percent in March of 1974 and a record low of -2.40 percent in July of 2009.

Inflation Rate in Malaysia is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Malaysia to stand at 1.40 in 12 months time. In the long-term, the Malaysia Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

Malaysia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-22 04:00 AM Inflation Rate YoY -0.7% 0.2% -0.2% 0.3%
2019-03-22 04:00 AM Inflation Rate YoY -0.4% -0.7% -0.3% -0.4%
2019-04-24 04:00 AM Inflation Rate YoY 0.2% -0.4% 0.3% -0.2%
2019-05-24 04:00 AM Inflation Rate YoY 0.2% 0.2% 0.4% 0.3%
2019-06-26 04:00 AM Inflation Rate YoY 0.2%
2019-07-24 04:00 AM Inflation Rate YoY 0.7%
2019-08-16 04:00 AM Inflation Rate YoY



Malaysia April Inflation Rate Below Estimates

Malaysia's consumer price inflation stood at 0.2 percent year-on-year in April 2019, unchanged from the previous month but less than market consensus of 0.4 percent. Main upward pressure came from prices of food, housing & utilities and education. Transport cost continued to fall but at a softer pace.

Year-on-year, prices of food & non-alcoholic beverages rose by 1.1 percent in April, the same pace as in March. Among food, cost continued to rise for: fish & seafood (0.2 percent vs 0.1 percent in March); milk & eggs (1.9 percent vs 2 percent); and food away from home (3.1 percent vs 3.4 percent), with cost of vegetables (2.2 percent vs -2 percent) and fruits (0.1 percent vs -0.2 percent) rebounding, while prices falling further for rice, bread & other sereals (-0.2 percent vs -0.4 percent); meat (-3.6 percent vs -1.1 percent); oils & fats (-1 percent vs -0.8 percent); sugar, jam, honey (-2.2 percent vs -2.3 percent) and food products (-0.5 percent vs -0.5 percent).

Also, inflation was steady for housing, water, electricity, gas, & other fuels (at 2 percent), and continued to rise for education (1.2 percent vs 1.3 percent); alcoholic beverages & tobacco (1.2 percent vs 1.1 percent); restaurants and hotels (0.8 percent vs 1 percent) and furnishings, household equipment & routine maintenance (0.2 percent vs 0.3 percent). In contrast, cost fell for transport (-2.6 percent vs -3 percent); clothing and footwear (-3.2 percent vs -3 percent); miscellaneous goods & services (-2 percent, the same as in March); health (-0.3 percent vs -0.2 percent); recreation services & culture (-0.4 percent, the same pace as in March) and communication (-1.1, the same as in March percent).

Core consumer prices rose 0.5 percent year-on-year in April, the same as in March. It remained the highest figure since November last year.

On a monthly basis, consumer prices were flat in April, following a 0.2 percent gain in March.


Statistics Malaysia l Rida Husna | rida@tradingeconomics.com
5/24/2019 10:15:06 AM



Malaysia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.20 23.90 -2.40 percent [+]
Consumer Price Index CPI 121.10 121.10 121.30 24.30 Index Points [+]
GDP Deflator 115.00 116.00 116.00 71.00 Index Points [+]
Producer Prices 104.70 105.00 115.37 66.83 Index Points [+]
Import Prices 116.80 116.40 120.70 85.30 Index Points [+]
Food Inflation 1.10 1.10 5.67 0.40 percent [+]
Producer Prices Change -1.50 -1.60 22.50 -18.20 percent [+]
Inflation Rate Mom 0.00 0.20 3.94 -1.52 percent [+]
Core Inflation Rate 0.50 0.30 3.60 -0.20 percent [+]
Export Prices 114.90 114.00 116.30 92.50 Index Points [+]
CPI Housing Utilities 120.70 120.70 120.70 99.40 Index Points [+]
CPI Transportation 114.60 114.10 120.40 97.10 Index Points [+]


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. This page provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.20 23.90 -2.40 1973 - 2019 percent Monthly
2010=100




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.90 Apr/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


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