Latest reading: Consumer prices rose 1.8% on a year-on-year basis in July, stable from the prior month’s reading. July’s reading...
Inflation in Malaysia
Consumer price inflation in Malaysia averaged 2.0% in the ten years to 2024, in line with the ASEAN regional average of 3.0%. The 2024 average figure was 1.8%. For more information on inflation, visit our dedicated page.
Malaysia Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Malaysia from 2014 to 2025.
Source: Macrobond.
Malaysia Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 2.5 | 3.4 | 2.5 | 1.8 | 1.4 |
| Inflation (CPI, ann. var. %, eop) | 3.2 | 3.8 | 1.5 | 1.7 | 1.6 |
| Inflation (PPI, ann. var. %, aop) | 9.5 | 7.7 | -1.9 | 0.3 | -2.0 |
Inflation eases in June from May
Latest reading: Consumer prices rose 1.9% in annual terms in June, following a 2.0% rise in the prior month. Relative to the previous month's data, price pressures reduced for transportation in June (+2.8% in annual terms vs +3.8% in May). In contrast, price pressures were higher for housing and utilities in June (+1.4% vs +1.2% in May). Finally, the variations in food and non-alcoholic beverages and recreation services and culture were the same as in the prior month (+1.4% and +1.1%, respectively). Finally, consumer prices flatlined in June in month-on-month terms, following a 0.15% rise in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Malaysian inflation projections for the next ten years from a panel of 34 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Malaysian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian inflation projections.
Want to get access to the full dataset of Malaysian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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