Malaysia’s annual inflation climbed to a four-month high of 2.9 percent in October 2021 from 2.2 percent a month earlier and above market estimates of 2.8 percent. Main upward pressure largely came from cost of transport (11.3% vs 11.0% in September), housing (3.2% vs 0.7%), food (1.9% vs 1.9%), health (0.2% vs 0.3%), household equipment and routine maintenance (2.1% vs 1.7%), alcoholic beverages & tobacco (0.4% vs 0.3%), restaurants & hotels (0.6% vs 0.3%), and recreation services & culture (0.2% vs 0.6%). In contrast, cost fell further for both miscellaneous goods & services (-0.2% vs -0.5%), and education (-0.1% vs -0.1%). Bank Negara Malaysia has projected 2021 headline inflation in the nation to average between 2.0 to 3.0 percent, amid high commodity prices and prolonged global supply disruption. On a monthly basis, consumer prices rose by 0.7 percent in October, the most since January, after a 0.2 percent gain in September. 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 December of 2021.

Inflation Rate in Malaysia is expected to be 2.30 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 2.00 percent in 2022, according to our econometric models.

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Malaysia Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-22 04:00 AM Sep 2.2% 2% 2.1% 2.3%
2021-11-26 04:00 AM Oct 2.9% 2.2% 2.8% 2.5%
2021-12-24 04:00 AM Nov 2.9%


Related Last Previous Unit Reference
Inflation Rate 2.90 2.20 percent Oct/21
Consumer Price Index CPI 123.70 122.80 points Oct/21
GDP Deflator 111.00 110.00 points Sep/21
Producer Prices 114.70 113.60 points Oct/21
Import Prices 120.80 120.10 points Oct/21
Food Inflation 1.90 1.90 percent Oct/21
Export Prices 128.90 127.10 points Oct/21
CPI Transportation 114.80 114.60 points Oct/21
CPI Housing Utilities 121.90 118.90 points Oct/21
Core Inflation Rate 1.50 0.60 percent Oct/21
Producer Prices Change 13.20 12.30 percent Oct/21
Inflation Rate Mom 0.70 0.20 percent Oct/21

News Stream
Malaysia Inflation Rate Hits 4-Month High
Malaysia’s annual inflation climbed to a four-month high of 2.9 percent in October 2021 from 2.2 percent a month earlier and above market estimates of 2.8 percent. Main upward pressure largely came from cost of transport (11.3% vs 11.0% in September), housing (3.2% vs 0.7%), food (1.9% vs 1.9%), health (0.2% vs 0.3%), household equipment and routine maintenance (2.1% vs 1.7%), alcoholic beverages & tobacco (0.4% vs 0.3%), restaurants & hotels (0.6% vs 0.3%), and recreation services & culture (0.2% vs 0.6%). In contrast, cost fell further for both miscellaneous goods & services (-0.2% vs -0.5%), and education (-0.1% vs -0.1%). Bank Negara Malaysia has projected 2021 headline inflation in the nation to average between 2.0 to 3.0 percent, amid high commodity prices and prolonged global supply disruption. On a monthly basis, consumer prices rose by 0.7 percent in October, the most since January, after a 0.2 percent gain in September.
2021-11-26
Malaysia Inflation Rate Accelerates to 2.2%
Malaysia’s annual inflation increased to 2.2% in September of 2021 from August's five-month low of 2.0% and slightly above market consensus of 2.1%. This was also the eighth straight month of consumer inflation as consumption strengthened on the back of the economy’s phased reopening, with cost rising further for transport (11.0% vs 11.0% in August), food (1.9% vs 1.2%), housing (0.7% vs 0.6%), household equipment and routine maintenance ( 1.7% vs 1.7%), alcoholic beverages & tobacco (0.4% vs 0.4%), hotels (0.3% vs 0.6%), and recreation services & culture (0.6% vs 0.7%). By contrast, prices fell for both miscellaneous goods & services (-0.5% vs -0.6%) and education (-0.1% vs flat reading in August). For this year, Bank Negara Malaysia projected headline inflation in the country to average between 2.0% and 3.0%. On a monthly basis, consumer prices were up 0.2 percent in September, after being unchanged in August.
2021-10-22
Malaysia Inflation Rate Falls to 2%
Malaysia’s annual inflation declined to a five-month low of 2% in August of 2021 from 2.2% in the previous month and below market consensus of 2.2%, mainly due to a slowdown in prices of housing (0.6% vs 0.7%), food (1.2% vs 1.3%) and transport (11.0% vs 11.6%). Prices also rose less for both restaurants & hotels (0.6% vs 0.7%) and alcoholic beverages & tobacco (0.4% vs 0.5%) while those of miscellaneous goods & services fell (-0.6% vs 0.1%). Meanwhile, inflation was steady for furnishings, household equipment and routine maintenance (at 1.7%), while prices of education were unchanged (vs 0.1%). On the other hand, prices of recreation services & culture continued to increase (0.7% vs 0.6%). On a monthly basis, consumer prices were flat in August, after declining 0.6% in July.
2021-09-24

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.