Malaysia's annual inflation rate edged up to 1.5 percent in August 2019 from 1.4 percent in the previous month and in line with market expectations. Food inflation accelerated to a 16-month high while housing & utilities prices slowed. Inflation Rate in Malaysia averaged 3.53 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 1.80 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 1.70 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
2019-06-26 04:00 AM Inflation Rate YoY May 0.2% 0.2% 0.3% 0.2%
2019-07-24 04:00 AM Inflation Rate YoY Jun 1.5% 0.2% 1.6% 0.7%
2019-08-14 04:00 AM Inflation Rate YoY Jul 1.4% 1.5% 1.5% 1.9%
2019-09-25 04:00 AM Inflation Rate YoY Aug 1.5% 1.4% 1.5% 1.4%
2019-10-23 04:00 AM Inflation Rate YoY Sep 1.5% 1.8%
2019-11-20 04:00 AM Inflation Rate YoY Oct 1.5%
2019-12-20 04:00 AM Inflation Rate YoY Nov



Malaysia August Inflation Rate Rises to 1.5%

Malaysia's annual inflation rate edged up to 1.5 percent in August 2019 from 1.4 percent in the previous month and in line with market expectations. Food inflation accelerated to a 16-month high while housing & utilities prices slowed.

Food & non-alcoholic beverage prices increased by 2.6 percent year-on-year in August, the most since April last year, compared to a 2.4 percent rise in July, boosted by milk & eggs (3.4 percent vs 2.6 percent); fish & seafood (0.9 percent vs 0.4 percent); and meat (0.6 percent vs -1.6 percent). On the other hand, prices eased for vegetables (3.2 percent vs 4.7 percent); fruits (1.7 percent vs 2.5 percent); and food products (1.4 percent vs 1.5 percent). Additionally, inflation was steady for both food away from home inflation (4.4 percent) and rice, bread & other cereals (0.7 percent).
 
Also, prices advanced further for communication (2.2 percent vs 2.1 percent); alcoholic beverages & tobacco (2.5 percent vs 2.3 percent); miscellaneous goods & services (2.5 percent vs 1.8 percent), and health (1.4 percent vs 1.3 percent).
 
In contrast, cost slowed for housing, water, electricity, gas, & other fuels (1.8 percent vs 1.9 percent); recreation services & culture (2.3 percent vs 2.4 percent), and household equipment & routine maintenance (3.2 percent vs 3.3 percent). In addition, cost of transport dropped further (-2.1 percent vs -1.9 percent) and clothing and footwear prices continued to fall (-1.1 percent, the same pace as in July). Also, inflation was steady for education (at 1.4 percent) and restaurants and hotels (at 1.7 percent). 
 
Core consumer prices, which exclude most volatile items of fresh food as well as administered prices of goods and services, rose 2.0 percent in August, the same pace as in July, remaining at its highest since January last year.

On a monthly basis, consumer prices went up 0.2 percent in August, following a 0.1 percent gain in the prior month.


Department of Statistics, Malaysia l Chusnul Ch Manan | chusnul@tradingeconomics.com
9/25/2019 9:32:46 AM



Malaysia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.40 23.90 -2.40 percent [+]
Consumer Price Index CPI 121.80 121.50 121.80 24.30 Index Points [+]
GDP Deflator 105.00 105.00 105.00 65.00 Index Points [+]
Producer Prices 104.60 104.40 115.37 66.83 Index Points [+]
Import Prices 117.50 117.60 120.70 85.30 Index Points [+]
Food Inflation 2.60 2.40 5.67 0.40 percent [+]
Producer Prices Change -1.90 -2.20 22.50 -18.20 percent [+]
Inflation Rate Mom 0.20 0.10 3.94 -1.52 percent [+]
Core Inflation Rate 2.00 2.00 3.60 -0.20 percent [+]
Export Prices 115.30 115.40 116.30 92.50 Index Points [+]
CPI Housing Utilities 121.70 121.10 121.70 99.40 Index Points [+]
CPI Transportation 114.50 114.60 120.40 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.40 23.90 -2.40 1973 - 2019 percent Monthly
2010=100




Country Last Previous
Argentina 53.50 Sep/19
Australia 1.60 Jun/19
Brazil 2.89 Sep/19
Canada 1.90 Sep/19
China 3.00 Sep/19
Euro Area 0.80 Sep/19
France 0.90 Sep/19
Germany 1.20 Sep/19
India 3.99 Sep/19
Indonesia 3.39 Sep/19
Italy 0.30 Sep/19
Japan 0.20 Sep/19
Mexico 3.00 Sep/19
Netherlands 2.60 Sep/19
Russia 4.00 Sep/19
Saudi Arabia -1.10 Aug/19
Singapore 0.50 Aug/19
South Africa 4.30 Aug/19
South Korea -0.40 Sep/19
Spain 0.10 Sep/19
Switzerland 0.10 Sep/19
Turkey 9.26 Sep/19
United Kingdom 1.70 Sep/19
United States 1.70 Sep/19


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