Malaysia Inflation December 2021

Malaysia

Malaysia: Inflation edges down in December

January 21, 2022

Consumer prices rose 0.40% over the previous month in December, up from November’s 0.24% rise. December’s result largely reflected higher prices for food and non-alcoholic beverages. Meanwhile, prices for transportation cooled in December.

Inflation came in at 3.2% in December, inching down from November’s 3.3% increase. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.5% in December (November: 2.1%).

FocusEconomics Consensus Forecast panelists expect inflation to average 2.2% in 2022, which is up 0.1 percentage points from last month’s forecast, and 2.1% in 2023.


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Malaysia Inflation December 2021

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Department of Statistics Malaysia (DSM).


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