Malaysia’s annual inflation increased to 1.7 percent in March of 2021 from 0.1 percent in the previous month and beating market consensus of 1.4 percent. This was the second straight month of increase in consumer prices and the highest rate since January 2018, due mainly to a faster rise in prices of food (1.5% vs 1.4% in February), while transport prices rebounded sharply (9.8% vs -2.0%). Also, prices rose faster for both furnishings, household equipment and routine maintenance (0.9% vs 0.3%) and recreation services & culture (0.5% vs 0.1%). Meanwhile, prices continued to increase for alcoholic beverages & tobacco (0.6% vs 0.7%), miscellaneous goods & services (1.0% vs 1.6%). On the other hand, prices were flat for both education (vs 0.1%) and restaurants & hotels (vs -0.3%). By contrast, prices fell for housing (-0.8% vs -0.8%), clothing (-0.3% vs -0.4%). On a monthly basis, consumer prices edged up 0.1% in March, recovering from a 0.2% drop in February. source: Department of Statistics, Malaysia

Inflation Rate in Malaysia averaged 3.40 percent from 1973 until 2021, reaching an all time high of 23.90 percent in March of 1974 and a record low of -2.90 percent in April of 2020. This page provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Inflation Rate in Malaysia is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Malaysia to stand at 1.60 in 12 months time. In the long-term, the Malaysia Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Malaysia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 0.10 23.90 -2.90 1973 - 2021 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-22 04:00 AM Dec -1.4% -1.7% -1.4% -1.9%
2021-02-24 04:00 AM Jan -0.2% -1.4% -0.8% -1.2%
2021-03-24 04:00 AM Feb 0.1% -0.2% 0.2% 0.2%
2021-04-23 04:00 AM Mar 1.7% 0.1% 1.4% 1.5%
2021-05-26 04:00 AM Apr 1.7% 4.5%
2021-06-25 04:00 AM May
2021-07-23 04:00 AM Jun
2021-08-25 04:00 AM Jul


News Stream
Malaysia Inflation Rate at 38-Month High of 1.7%
Malaysia’s annual inflation increased to 1.7 percent in March of 2021 from 0.1 percent in the previous month and beating market consensus of 1.4 percent. This was the second straight month of increase in consumer prices and the highest rate since January 2018, due mainly to a faster rise in prices of food (1.5% vs 1.4% in February), while transport prices rebounded sharply (9.8% vs -2.0%). Also, prices rose faster for both furnishings, household equipment and routine maintenance (0.9% vs 0.3%) and recreation services & culture (0.5% vs 0.1%). Meanwhile, prices continued to increase for alcoholic beverages & tobacco (0.6% vs 0.7%), miscellaneous goods & services (1.0% vs 1.6%). On the other hand, prices were flat for both education (vs 0.1%) and restaurants & hotels (vs -0.3%). By contrast, prices fell for housing (-0.8% vs -0.8%), clothing (-0.3% vs -0.4%). On a monthly basis, consumer prices edged up 0.1% in March, recovering from a 0.2% drop in February.
2021-04-23
Malaysia Consumer Prices Rise for 1st Time in A Year
Consumer prices in Malaysia edged up 0.1 percent year-on-year in February of 2021, after decreasing 0.2 percent in the previous month and compared with market consensus of a 0.2 percent rise. This was the first inflation since February last year, amid ongoing COVID-19 disruption. Upward pressure came from: food (1.4% vs 1.5% in January), alcoholic beverages & tobacco (0.7% vs 0.7%), education (0.1% vs 0.2%), miscellaneous goods & services (1.6% vs 1.8%), furnishings, household equipment and routine maintenance (0.3% vs 0.2%), and recreation services & culture (0.1% vs 0.1%). In addition, prices of transport fell much less (-2.0% vs -5.1%). Also, prices dropped for: housing (-0.8% vs -0.7%), clothing (-0.4% vs -0.4%), restaurants & hotels (-0.3% vs -0.1%). On a monthly basis, consumer prices were down 0.2% in February, after a 1.2% rise in January.
2021-03-24
Malaysia Consumer Prices Drop Less than Expected
Consumer prices in Malaysia fell by 0.2 percent year-on-year in January of 2021, after declining 1.4 percent in December 2020 and compared with market consensus of a 0.8 percent drop. This was the eleventh straight month of deflation but the softest pace since last March, amid ongoing COVID-19 disruption, as prices fell softer for both transport (-5.1% vs -8.4% in December) and housing (-0.7% vs -3.3%). Also, prices dropped for clothing (-0.4% vs -0.4%), restaurants & hotels (-0.1% vs -0.2%). Meantime, prices rose for food (1.5% vs 1.4%), alcoholic beverages & tobacco (0.7% vs 0.6%), education (0.2% vs 0.6%), miscellaneous goods & services (1.8% vs 2.2%), furnishings, household equipment and routine maintenance (0.2% vs -0.1%), and recreation services & culture (0.1% vs 0.2%). On a monthly basis, consumer prices increased 1.2% in January, the most since February 2017, after a 0.5% rise in December.
2021-02-24
Malaysia Consumer Prices Fall the Least in 3 Months
Consumer prices in Malaysia dropped by 1.4 percent year-on-year in December 2020, after declining 1.7 percent in the previous month and in line with market consensus. This was the tenth straight month of deflation but the softest pace since September, amid ongoing COVID-19 disruption, as prices fell softer for both transport (-8.4% vs -11.1% in November), and clothing prices (-0.4% vs -0.5%), while that of housing decreased by 3.3% (the same as in November). Also, cost of restaurants & hotels fell 0.2% (after a flat reading in November), with that of furnishings, household equipment and routine maintenance edged down 0.1%, after being flat in November. Meantime, prices rose further for food (1.4% vs 1.4%), alcoholic beverages & tobacco (0.6% vs 0.5%), education (0.6% vs 0.6%), miscellaneous goods & services (2.2% vs 2.3%), and recreation services & culture (0.2% vs 0.1%). On a monthly basis, consumer prices were up 0.5% in December, the most since July, after a 0.2% fall in November.
2021-01-22

Malaysia Inflation Rate
In Malaysia, the most important categories in the consumer price index are Food and non-alcoholic beverages (30 percent of total weight) and Housing, water, electricity, gas and other fuels (23 percent of total weight). Others include: Transport (15 percent); Communication (6 percent); Recreation and culture (5 percent) and Furnishings, household equipment and routine household maintenance (4 percent). The remaining components are Restaurants and hotels at 3.2 percent and miscellaneous goods and services at 6.3 percent.