Malaysia Inflation April 2022

Malaysia

Malaysia: Inflation increases in April

May 25, 2022

Consumer prices increased a seasonally-adjusted 0.24% over the previous month in April, moderating from the 0.32% increase recorded in March. April's result marked the weakest reading since August 2021. Looking at the details of the release, the change in the prices for food and non-alcoholic beverages increased at a faster rate in April, although prices for housing and utilities were steady were broadly stablefrom the previous month's reading. prices for transport and housing moderated from the previous month.

Inflation inched up to 2.3% in April from March’s 2.2%. Lastly, aAnnual average inflation edged down to 2.7% in April (March: 2.9%).

FocusEconomics Consensus Forecast panelists expect inflation to average 2.8% in 2022, which is unchanged from last month’s forecast, and 2.2% in 2023.


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Malaysia Inflation April 2022

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


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