Inflation Rate in Malaysia increased to 1.20 percent in July from 1.10 percent in June of 2025. This dataset provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the average inflation rate in Malaysia from 1987 to 2024, with projections up to 2030. In 2024, the average inflation rate in Malaysia amounted to about 1.83 percent compared to the previous year. Malaysia's economy is slowly recovering The inflation rate is the annual rate of increase of a price index, normally the consumer price index over time. If the same item bought today for 1 U.S. dollar is bought again one year from now, but for 1.03 U.S. dollars, then the inflation rate is at 3 percent. Generally, a low inflation rate is sought by every country, and a rate of 3 percent, as is estimated for Malaysia in the next few years, is considered low. However, there was a slight rise in Malaysia’s inflation rate, from close to 2 percent in 2010 to a little over 3 percent in 2011. In 2012, it dropped back down to its normal rate, but future estimates predict a slight increase once again. Perhaps this increase has come from initial worries concerning the country’s slowing economy as the country’s GDP growth slowed from 7.43 percent in 2010 to 5.19 percent in 2011, or its negative budget balance in relation to GDP which was at its recent worst in 2010 at -4.66 percent. At the same time, the country’s national debt was also rising, but predictions show that this trend is reversing. Yet, the economic outlook and inflation rate still appear stable for the future of Malaysia, and the inflation rate is below the global inflation rate. Furthermore, the country’s GDP continues to rise and totaled 326.93 billion U.S. dollars in 2013.

Historical chart and dataset showing Malaysia inflation rate by year from 1960 to 2024.

Core consumer prices in Malaysia increased 1.80 percent in June of 2025 over the same month in the previous year. This dataset provides - Malaysia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Malaysia increased 0.10 percent in July of 2025 over the previous month. This dataset provides the latest reported value for - Malaysia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Inflation, consumer prices for Malaysia (FPCPITOTLZGMYS) from 1960 to 2024 about Malaysia, consumer, CPI, inflation, price index, indexes, and price.

Inflation rate of Malaysia sank by 15.98% from 1.4 % in 2025M4 to 1.2 % in 2025M5. Since the 5.10% jump in 2025M3, inflation rate plummeted by 20.42% in 2025M5.

Inflation, monthly percent change in the CPI in Malaysia, June, 2025 The most recent value is 0.07 percent as of June 2025, no change compared to the previous value of 0.07 percent. Historically, the average for Malaysia from February 1960 to June 2025 is 0.24 percent. The minimum of -2.73 percent was recorded in April 2020, while the maximum of 3.94 percent was reached in June 2008. | TheGlobalEconomy.com

Inflation rate (GDP deflator) of Malaysia plummeted by 141.80% from -1.9 % in 2023 to 0.8 % in 2024. Since the 12.82% surge in 2022, inflation rate (GDP deflator) sank by 87.78% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Inflation rate of Malaysia plummeted by 26.31% from 2.5 % in 2023 to 1.8 % in 2024. Since the 36.40% surge in 2022, inflation rate sank by 45.72% in 2024. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Cost of food in Malaysia increased 2.10 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Malaysia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross domestic product (GDP) of Malaysia grew 5.11 percent in 2024 and was forecast to remain around 4 percent for the medium term. What affects GDP? GDP is the sum of spending in a country by consumers, investors, and the government, plus net exports. High GDP growth is associated with low unemployment, because a growing economy demands a growing labor force. There are also inflationary pressures, but responsible monetary and fiscal policy can keep the inflation rate low. GDP and development Developmental economists focus more on GDP per capita than GDP. Looking at how much each member of the economy generates gives a general idea of the level of development, with strong correlations between this and other development indicators. If population growth is faster than GDP growth, residents in the country will be worse off, in spite of a growing economy.

In June 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In the first half of 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0.1 percent in June 2025. In contrast, Russia maintained a high inflation rate of 9.4 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Key information about Malaysia Core CPI Change

• Malaysia Core CPI Change was reported at 1.769 % in Jan 2025.
• This records an increase from the previous number of 1.620 % for Dec 2024.
• Malaysia Core CPI Change data is updated monthly, averaging 1.862 % from Jan 2016 to Jan 2025, with 109 observations.
• The data reached an all-time high of 4.180 % in Nov 2022 and a record low of -0.171 % in Jul 2018.
• Malaysia Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. The Department of Statistics provides Core Consumer Price Index with base 2010=100. Core Consumer Price Index excludes nine of the most volatile items of fresh food (meat, fish, seafood, eggs, coconuts & nuts, vegetables, potatoes & other tubers, spices and fresh fruit), as well as administered prices of goods and services (includes cooking oils, flour & other cereal grains, sugar, alcoholic beverages & tobacco, water supply, electricity, gas, fuels & lubricants for personal transport equipment and transport services).

1.8 (%) in 2024. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Inflation, GDP deflator: linked series (annual %) in Malaysia was reported at 0.78251 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Inflation rates in the Association of Southeast Asian Nations (ASEAN) ranged from ** percent inflation in Myanmar to **** percent inflation in Thailand in 2025. Only a few countries are in the 2 to 6 percent range that many economists view as optimal for emerging economies. Effects of high inflation High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. This in turn leads to slower growth in the gross domestic product (GDP). It also leads to a weaker currency. For countries with a positive trade balance this can be beneficial, because exports are relatively cheaper to foreign buyers. Through the same mechanism, net importers suffer from a weaker currency. Additionally, inflation makes a country’s national debt less expensive if the debt is denominated in the local currency. However, most of this debt is in U.S. dollars, so inflation makes the debt more difficult to service and repay. Risks of deflation With deflation, consumers and firms delay investments because they expect prices to be lower in the future. This slows consumption and investment, two major components of GDP growth. The most common example of this is Japan, where the GDP growth rate has been low for a long time due, in large part, to deflation. For this reason, countries like Brunei would rather see low and stable inflation than slight deflation.

Key information about Malaysia Consumer Price Index CPI growth

• Malaysia Consumer Price Index (CPI) growth was measured at 1.7 % YoY in Jan 2025, compared with a rate of 1.7 % in the previous month.
• Malaysia Consumer Price Index growth data is updated monthly, available from Jan 1958 to Jan 2025, with an averaged number of 2.4 % YoY.
• The data reached an all-time high of 24.0 % YoY in Mar 1974 and a record low of -3.4 % YoY in Jan 1959.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Department of Statistics provides Consumer Price Index with base 2010=100. Consumer Price Index Growth prior to January 2006 is sourced from the International Monetary Fund. [COVID-19-IMPACT]

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Malaysia CPI: Food and Non Alcoholic Beverage Change

• Malaysia CPI: Food and Non Alcoholic Beverage Change was reported at 2.541 % in Jan 2025.
• This records a decrease from the previous number of 2.745 % for Dec 2024.
• Malaysia CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 3.147 % from Jan 2006 to Jan 2025, with 229 observations.
• The data reached an all-time high of 12.283 % in Sep 2008 and a record low of 0.386 % in Aug 2018.
• Malaysia CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.

CEIC calculates monthly Consumer Food Price Index Growth from monthly Consumer Food Price Index. The Department of Statistics provides Consumer Food Price Index with base 2010=100. Consumer Food Price Index Growth prior to January 2011 is based on an old classification, MCOICOP 2019.