Malaysia's consumer price inflation came in at 0.2 percent year-on-year in December 2018, unchanged from the previous month and below market consensus of 0.4 percent. It remained the lowest inflation rate since August, as cost of food slowed. On a monthly basis, consumer prices went up 0.1 percent in December, following a 0.2 percent rise in the preceding month and marking the sixth straight monthly gain. Inflation Rate in Malaysia averaged 3.57 percent from 1973 until 2018, 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 1.00 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
2018-10-26 04:00 AM Inflation Rate YoY 0.3% 0.2% 0.8% 0.3%
2018-11-23 04:00 AM Inflation Rate YoY 0.6% 0.3% 0.6% 1.5%
2018-12-19 04:00 AM Inflation Rate YoY 0.2% 0.6% 0.6% 0.8%
2019-01-24 04:00 AM Inflation Rate YoY 0.2% 0.2% 0.4% 0.3%
2019-02-22 04:00 AM Inflation Rate YoY 0.2% 0.3%
2019-03-20 04:00 AM Inflation Rate YoY
2019-04-24 04:00 AM Inflation Rate YoY 1%



Malaysia Annual Inflation Rate Steady at 0.2% in December

Malaysia's consumer price inflation came in at 0.2 percent year-on-year in December 2018, unchanged from the previous month and below market consensus of 0.4 percent. It remained the lowest inflation rate since August, as cost of food slowed. On a monthly basis, consumer prices went up 0.1 percent in December, following a 0.2 percent rise in the preceding month and marking the sixth straight monthly gain.

Year-on-year, prices of food & non-alcoholic beverages increased by 0.7 percent in December, easing from a 1.1 percent rise in a month earlier. It was the lowest food inflation in three months, driven by a slowdown in prices of food away from home (2.7 percent vs 3.3 percent in November), declines in cost of rice, bread & other cereals (-0.4 percent vs -0.3 percent); fish & seafood (-0.1 percent vs 0.5 percent); oil & fats (-0.8 percent vs -0.7 percent); sugar, jam, honey (-2 percent vs -2.3 percent); and vegetables (-4.4 percent vs 0.8 percent). In addition, cost eased for education (1.1 percent vs 1.4 percent); and fell further for transport (-2.0 percent vs -2.3 percent); clothing and footwear (-3.2 percent vs -3.1 percent); and health (-0.4 percent vs -0.2 percent).

Meanwhile, prices advanced at a faster pace for restaurants and hotels (1.6 pct vs 1.2 percent) and alcoholic beverages & tobacco (1.1 percent vs 1 percent); and rebounded for furnishings, household equipment & routine maintenance (0.1 percent vs -0.1 percent). Also, cost continued to decrease for communication (-1.3 percent, the same as in November); recreation services & culture (-0.2 percent vs -0.3 percent); and miscellaneous goods & services (-2.4 percent vs -2.6 percent). Additionally, inflation was steady for housing, water, electricity, gas, & other fuels (at 2 percent, the same as in November).

Core consumer prices rose 0.4 percent year-on-year in December, compared to a 0.5 percent gain in a month earlier and reaching the fourth straight month of rise.

On a monthly basis, consumer prices went up 0.1 percent, following a 0.2 percent rise in the preceding month and marking the sixth straight monthly increase.


Statistics Malaysia l Rida Husna | rida@tradingeconomics.com
1/24/2019 10:18:14 AM


News

Malaysia November Inflation Rate at 3-Month Low of 0.2%
Malaysia's consumer price inflation slowed to 0.2 percent year-on-year in November of 2018 from 0.6 percent in the previous month and far below market expectations of 0.6 percent. It was the lowest inflation rate since August, due to a softer rise in cost of both food and housing and a slump in prices of transport. On a monthly basis, consumer prices went up 0.2 percent, the same pace as in the preceding month and marking the fifth straight monthly increase.
Published on 2018-12-19

Malaysia Inflation Rate at 3-Month High of 0.6% in October
Malaysia's consumer price inflation rose to 0.6 percent year-on-year in October of 2018 from 0.3 percent in the previous month and matching market expectations. It was the highest inflation rate since July, due to a jump in prices of food and a faster rise in cost of transport while housing inflation was steady.
Published on 2018-11-23

Malaysia Inflation Rate Edges Higher to 0.3% in September
Malaysia's consumer price inflation inched up to 0.3 percent year-on-year in September of 2018 from a 3-1/2-year low of 0.2 percent in the previous month and below market expectations of 0.8 percent. Prices were slightly higher for food and housing & utilities.
Published on 2018-10-26

Malaysia Inflation Rate at 3-1/2 Year Low of 0.2% in August
Malaysia's consumer price inflation eased to 0.2 percent year-on-year in August of 2018 from 0.9 percent in the previous month and below market expectations of 0.4 percent.It is the lowest inflation rate since February 2015, as inflation slowed for both food and transport while housing inflation was steady.
Published on 2018-09-19



Malaysia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.20 23.90 -2.40 percent [+]
Consumer Price Index CPI 121.10 121.00 121.30 24.30 Index Points [+]
GDP Deflator 115.00 116.00 116.00 71.00 Index Points [+]
Producer Prices 103.80 105.20 115.37 66.83 Index Points [+]
Import Prices 117.70 120.00 120.70 85.30 Index Points [+]
Food Inflation 0.70 1.10 5.67 0.40 percent [+]
Producer Prices Change -3.70 -2.90 22.50 -18.20 percent [+]
Inflation Rate Mom 0.10 0.20 3.94 -1.52 percent [+]
Core Inflation Rate 0.40 0.50 3.60 -0.20 percent [+]
Export Prices 115.50 116.20 116.30 92.50 Index Points [+]
CPI Housing Utilities 120.10 120.10 120.10 99.40 Index Points [+]
CPI Transportation 117.10 117.60 120.40 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.20 23.90 -2.40 1973 - 2018 percent Monthly
2010=100




Country Last Previous
Argentina 48.90 Jan/19
Australia 1.80 Dec/18
Brazil 3.78 Jan/19
Canada 2.00 Dec/18
China 1.70 Jan/19
Euro Area 1.40 Jan/19
France 1.20 Jan/19
Germany 1.40 Jan/19
India 2.05 Jan/19
Indonesia 2.82 Jan/19
Italy 0.90 Jan/19
Japan 0.30 Dec/18
Mexico 4.37 Jan/19
Netherlands 2.20 Jan/19
Russia 5.00 Jan/19
Saudi Arabia 2.20 Dec/18
Singapore 0.50 Dec/18
South Africa 4.50 Dec/18
South Korea 0.80 Jan/19
Spain 1.00 Jan/19
Switzerland 0.60 Jan/19
Turkey 20.35 Jan/19
United Kingdom 1.80 Jan/19
United States 1.60 Jan/19


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