Malaysia’s annual inflation rate climbed to a one-year high of 3.4% in June of 2022 from 2.8% in the prior month, topping market consensus of 3.1%. Food prices rose at a record pace of 6.1 percent after gaining 5.2 percent in May, amid robust consumption following further improvement in COVID-19 situation. Additional upward pressures also came from cost of housing (1.2% vs 1.2%), transport (5.4% vs 3.9%), alcoholic beverages & tobacco (0.4% vs 0.4%), clothing (0.2% vs flat reading), health (0.6% vs 0.4%), recreation (2.2% vs 1.8%), education (1.1% vs 1.0%), restaurants & hotels (5.0% vs 3.7%), and miscellaneous goods & services (2.2% vs 1.9%). Core consumer prices, which excludes volatile items of fresh food and administered prices, went up 3.0%, the most since March 2016, after a 2.4% gain in May. On a monthly basis, consumer prices rose by 0.6% in June, the same pace as in May while remaining at the steepest pace since October 2021. source: Department of Statistics, Malaysia

Inflation Rate in Malaysia averaged 3.39 percent from 1973 until 2022, 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 August of 2022.

Inflation Rate in Malaysia is expected to be 3.30 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 2.50 percent in 2023 and 2.60 percent in 2024, according to our econometric models.

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Malaysia Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-24 04:00 AM May 2.8% 2.3% 2.6% 2.5%
2022-07-22 04:00 AM Jun 3.4% 2.8% 3.1% 3.2%
2022-08-26 04:00 AM Jul 3.4%


Related Last Previous Unit Reference
Inflation Rate 3.40 2.80 percent Jun 2022
Consumer Price Index CPI 127.40 126.60 points Jun 2022
GDP Deflator 116.00 112.00 points Mar 2022
Producer Prices 124.00 124.10 points Jun 2022
Import Prices 134.80 132.70 points Jun 2022
Food Inflation 6.10 5.20 percent Jun 2022
Producer Prices Change 10.90 11.20 percent Jun 2022
Inflation Rate Mom 0.60 0.60 percent Jun 2022
Export Prices 149.10 148.60 points Jun 2022
CPI Transportation 120.50 119.00 points Jun 2022
CPI Housing Utilities 123.10 123.10 points Jun 2022
Core Inflation Rate 3.00 2.40 percent Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 2.80 23.90 -2.90 1973 - 2022 percent Monthly
2010=100

News Stream
Malaysia Inflation Rate Hits 1-Year Peak of 3.4%
Malaysia’s annual inflation rate climbed to a one-year high of 3.4% in June of 2022 from 2.8% in the prior month, topping market consensus of 3.1%. Food prices rose at a record pace of 6.1 percent after gaining 5.2 percent in May, amid robust consumption following further improvement in COVID-19 situation. Additional upward pressures also came from cost of housing (1.2% vs 1.2%), transport (5.4% vs 3.9%), alcoholic beverages & tobacco (0.4% vs 0.4%), clothing (0.2% vs flat reading), health (0.6% vs 0.4%), recreation (2.2% vs 1.8%), education (1.1% vs 1.0%), restaurants & hotels (5.0% vs 3.7%), and miscellaneous goods & services (2.2% vs 1.9%). Core consumer prices, which excludes volatile items of fresh food and administered prices, went up 3.0%, the most since March 2016, after a 2.4% gain in May. On a monthly basis, consumer prices rose by 0.6% in June, the same pace as in May while remaining at the steepest pace since October 2021.
2022-07-22
Malaysia Inflation Rate at 5-Month High of 2.8%
Malaysia’s annual inflation rate increased to 2.8% in May of 2022 from 2.3% in the previous month and beating market expectations of a 2.6% gain, reaching the highest level since last December, with food prices rising to 5.2%, the most since October 2011, amid soaring commodity prices. Prices also increased faster for transport (3.9% vs 3.0%), housing (1.2% vs 0.8%), recreation & culture (1.8% vs 1.3%), restaurants & hotels (3.7% vs 3.2%), miscellaneous goods & services (1.9% vs 1.8%), furnishings, household equipment and maintenance (2.9% vs 2.7%), and health ( 0.4% vs 0.2%). Meantime, cost continued to rise for alcoholic beverages & tobacco (0.4% vs 0.5%), while inlfation of education was steady (at 1.0%). On the other hand, cost was flat for both communication and clothing & footwear. On a monthly basis, consumer prices climbed 0.6% in May, the most since last October. accelerating from a 0.2% gain in April.
2022-06-24
Malaysia Inflation Rate Remains Moderate
Malaysia’s annual inflation rate edged up to 2.3% in April of 2022 from March's five-month low of 2.2% and matching market expectations. Food prices rose the most since December 2017 (4.1% vs 4%), as consumption accelerated during the fasting month of Ramadan and ahead of Eid-ul Fitr celebration. Also, prices accelerated for transport (3.0% vs 2.6%), recreation & culture (1.3% vs 1.1%), education (1.0% vs 0.9%), and restaurants & hotels (3.2% vs 2.9%). Prices continued to rise for housing (0.8% vs 0.9%), miscellaneous goods & services (1.8% vs 1.9%), furnishings, household equipment and maintenance (2.7% vs 3%), health ( 0.2% vs 0.2%), and alcoholic beverages & tobacco (0.5% vs 0.5%), while cost of communication was flat for the third straight month. In addition, cost of clothing & footwear dropped slightly softer (-0.2% vs -0.3%). On a monthly basis, consumer prices were up 0.2% in April, after rising 0.3% in March.
2022-05-25