Malaysia’s annual inflation held at 1.6% in January 2026, unchanged from the previous month and in line with market expectations. The latest reading remained at its highest level since January 2025, as upward price pressures came from most components, including food & drinks (1.5% vs 1.5% in December), alcoholic beverages & tobacco (2.5% vs 2.5%), housing (1.2% vs 0.9%), furnishing (0.2% vs 0.3%), health (1.4% vs 1.5%), communication (0.7% vs 0.9%), recreation (0.9% vs 0.8%), education (3.2% vs 2.8%), restaurants & accommodation services (3.0% vs 3.1%), insurance & financial services (5.5% vs 5.6%), and miscellaneous items (6.6% vs 5.7%). Meanwhile, clothing prices were flat after falling 0.1% previously. In contrast, transport cost fell 0.7%, reversing a 0.1% gain in December. Core inflation, which excludes volatile fresh food and administered prices, stayed steady at 2.3% yoy, its highest since October 2023. Monthly, consumer prices edged up 0.1%, easing from a 0.3% rise in December. source: Department of Statistics, Malaysia

Inflation Rate in Malaysia remained unchanged at 1.60 percent in January. Inflation Rate in Malaysia averaged 3.31 percent from 1973 until 2026, 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 February of 2026.

Inflation Rate in Malaysia remained unchanged at 1.60 percent in January. Inflation Rate in Malaysia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Inflation Rate is projected to trend around 2.10 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-20 04:00 AM
Inflation Rate YoY
Dec 1.6% 1.4% 1.4% 1.4%
2026-02-19 04:00 AM
Inflation Rate YoY
Jan 1.6% 1.6% 1.6% 1.7%
2026-03-19 04:00 AM
Inflation Rate YoY
Feb 1.6%


Related Last Previous Unit Reference
Consumer Price Index CPI 135.70 135.50 points Jan 2026
Core Inflation Rate 2.30 2.30 percent Jan 2026
CPI Housing Utilities 131.60 131.20 points Jan 2026
CPI Transportation 121.40 121.90 points Jan 2026
Export Prices 153.40 154.00 points Dec 2025
Food Inflation 1.50 1.50 percent Jan 2026
Import Prices 124.20 124.50 points Dec 2025
Inflation Rate YoY 1.60 1.60 percent Jan 2026
Inflation Rate MoM 0.10 0.30 percent Jan 2026
Producer Prices 115.40 115.60 points Dec 2025
PPI YoY -2.70 -1.80 percent Dec 2025


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 (24 percent of total weight). The index also includes: Transport (15 percent); Miscellaneous goods and services (7 percent); Communication (5 percent); Recreation and culture (5 percent); Furnishings, household equipment and routine household maintenance (4 percent); Clothing and footwear (3 percent); Restaurants and hotels (3 percent); Alcoholic beverages and tobacco (2 percent); Health (2 percent); and Education (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.60 23.90 -2.90 1973 - 2026 percent Monthly
2010=100

News Stream
Malaysia Inflation Rate Stays at 11-Month High
Malaysia’s annual inflation held at 1.6% in January 2026, unchanged from the previous month and in line with market expectations. The latest reading remained at its highest level since January 2025, as upward price pressures came from most components, including food & drinks (1.5% vs 1.5% in December), alcoholic beverages & tobacco (2.5% vs 2.5%), housing (1.2% vs 0.9%), furnishing (0.2% vs 0.3%), health (1.4% vs 1.5%), communication (0.7% vs 0.9%), recreation (0.9% vs 0.8%), education (3.2% vs 2.8%), restaurants & accommodation services (3.0% vs 3.1%), insurance & financial services (5.5% vs 5.6%), and miscellaneous items (6.6% vs 5.7%). Meanwhile, clothing prices were flat after falling 0.1% previously. In contrast, transport cost fell 0.7%, reversing a 0.1% gain in December. Core inflation, which excludes volatile fresh food and administered prices, stayed steady at 2.3% yoy, its highest since October 2023. Monthly, consumer prices edged up 0.1%, easing from a 0.3% rise in December.
2026-02-19
Malaysia Inflation Rate Hits 11-Month High
Malaysia’s annual inflation came in at 1.6% in December 2025, compared with November’s figure and market forecasts of 1.4%. It was the highest reading since January, with upward price pressures evident across all components: food & drinks (1.5% vs 1.5% in November), alcoholic beverages & tobacco (2.5% vs 2.4%), clothing (0.1% vs -0.1%), housing (0.9% vs 0.7%), furnishing (0.3% vs 0.2%), health (1.5% vs 1.5%), transport (0.1% vs 0.2%), communication (0.9% vs -1.3%), recreation (0.8% vs 1.2%), education (2.8% vs 2.6%), restaurants & accommodation services (3.1% vs 3.4%), insurance & financial services (5.6% vs 5.6%), and miscellaneous items (5.7% vs 5.6%). Core inflation, which excludes volatile fresh food and administered prices, stood at 2.3% yoy, the highest since October 2023. Monthly, consumer prices increased 0.3%, picking up from a flat reading in November and pointing to the fastest pace in ten months.
2026-01-20
Malaysia Inflation Rate Below Estimates
Malaysia’s annual inflation accelerated slightly to 1.4% in November 2025, up from 1.3% in October but below market expectations of 1.5%. Inflation picked up for alcoholic beverages & tobacco (2.4% vs 0.3% in October) and education (2.6% vs 2.4%), while rebounding for transport (0.2% vs -0.1%). Meanwhile, inflation held steady for food prices (1.5%), remaining at the softest pace in over four years, as well as for financial services (5.6%), health (1.5%), recreation (1.2%), and restaurants (3.4%). Prices moderated for housing (0.7% vs 1.1%), furnishing (0.2% vs 0.3%), and miscellaneous items (5.6% vs 6.0%), amid declines in clothing (-0.1% vs -0.3%) and communication (-1.3% vs -2.4%). Core inflation, which excludes volatile fresh food and administered prices, rose 2.2% year-on-year, the same pace as in October, remaining the fastest in two years. On a monthly basis, consumer prices were unchanged after edging down 0.1% in October.
2025-12-22