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Malaysia Inflation April 2024

Malaysia: Inflation remains steady in April

Inflation was stable at March’s 1.8% in April. April’s figure marked the joint-highest inflation rate since September 2023. Looking at the details of the release, April saw stronger price growth for food and non-alcoholic beverages, offset by a weaker price rise for transport and a sharper decline in communication costs.

Annual average inflation fell to 1.9% in April (March: 2.0%).

Lastly, consumer prices rose a seasonally adjusted 0.15% over the previous month in April, picking up from the 0.08% increase recorded in March.

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