Inflation in Malaysia
Malaysia - Inflation (end of period)
Inflation rises to highest level in a year in June
Consumer prices rose a seasonally-adjusted 0.63% in June over the previous month, accelerating from May's 0.56% increase. June's figure marked the sharpest increase in prices since October 2021. The reading was driven by rising prices for food and non-alcoholic beverages and transportation.
Inflation increased to 3.4% in June from May’s 2.8%. June's result was the highest inflation rate since June 2021. Annual average inflation remained at May's 2.6% in June.
FocusEconomics Consensus Forecast panelists expect inflation to average 2.9% in 2022, which is up 0.1 percentage points from last month’s forecast, and 2.7% in 2023.
Malaysia - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||2.7||1.7||3.5||0.2||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Malaysia Inflation (eop) Chart
Source: Department of Statistics Malaysia and FocusEconomics calculations.
|Bond Yield||3.32||0.15 %||Dec 31|
|Exchange Rate||4.09||0.0 %||Jan 01|
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August 9, 2022
Industrial output grew 12.1% compared to the same month a year earlier in June, which was above May's 4.1% increase.
July 28, 2022
Merchandise exports soared 30.4% on an annual basis in June, following May’s 22.9% upturn.
July 22, 2022
Consumer prices rose a seasonally-adjusted 0.63% in June over the previous month, accelerating from May's 0.56% increase.
July 8, 2022
Industrial output grew 4.1% in year-on-year terms in May, which followed April’s 4.6% increase.
July 6, 2022
At its meeting on 5–6 July, the Monetary Policy Committee of Bank Negara Malaysia (BNM) voted to raise the overnight policy rate for the second consecutive time by 25 basis points, bringing it to 2.25%.