Malaysia Inflation Rate

The inflation rate in Malaysia was recorded at 3.50 percent in March of 2014. Inflation Rate in Malaysia is reported by the Department of Statistics Malaysia. Inflation Rate in Malaysia averaged 3.72 Percent from 1973 until 2014, reaching an all time high of 23.90 Percent in March of 1974 and a record low of -2.40 Percent in July of 2009. 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. This page provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 3.50 23.90 -2.40 4.06 | 2014/06 1973 - 2014 Percent Monthly
2010=100

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Malaysia Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-22 09:00 AM Malaysia
Inflation Rate YoY
Dec 2013 3.2% 2.9% 3.1% 3%
2014-02-19 09:00 AM Malaysia
Inflation Rate YoY
Jan 2014 3.4% 3.2% 3.3% 2.87%
2014-03-21 09:00 AM Malaysia
Inflation Rate YoY
Feb 2014 3.5% 3.4% 3.5% 3.25%
2014-04-16 10:00 AM Malaysia
Inflation Rate YoY
Mar 2014 3.5% 3.5% 3.5% 3.29%
2014-05-21 10:00 AM Malaysia
Inflation Rate YoY
Apr 2014 3.5% 3.79%
2014-06-18 09:00 AM Malaysia
Inflation Rate YoY
May 2014 3.93%
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Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate 3.50 2014-03-31 3.50 23.90 -2.40 4.06 2014-06-30 Percent [+]
Consumer Price Index (CPI) 109.90 2014-03-15 109.80 109.90 24.30 110.48 2014-06-30 Index Points [+]
GDP Deflator 128.00 2013-11-15 125.00 145.00 97.00 127.09 2014-06-30 Index Points [+]
Import Prices 131.40 2014-02-15 131.20 132.10 98.50 130.89 2014-06-30 Index Points [+]
Producer Prices 129.40 2014-02-15 127.90 130.90 78.30 130.58 2014-06-30 Index Points [+]
[+]


Malaysian Inflation Rate Unchanged in March

Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.

The year-on-year inflation for food and non-alcoholic beverages accelerated to 3.9 percent in March, from 3.8 percent in the previous month, while cost of housing, water, electricity, gas and other fuels rose to 3.6 percent up from 3.5 percent. In contrast, transport cost slowed to 5.1 percent from 5.5 percent. 

Additional upward pressures came from recreation services and culture (+1.6 percent), furnishings and household equipment (+1.1 percent), restaurants and hotels (+4.5 percent), education (+2.3 percent) and health (+2.3 percent). On the other hand, prices fell for communication (-0.5 percent), clothing and footwear (-0.1 percent).

On a monthly basis, the inflation rate increased 0.1 percent in March, down from 0.3 percent recorded in the previous month. Lower costs were recorded for housing, water, electricity, gas and other fuels (0.1 percent compared with 0.7 percent in February), miscellaneous goods and services (0.4 percent from 0.6 percent), recreation services and culture (0 percent from 0.1 percent), furnishings and household equipment (0 percent from 0.2 percent), clothing and footwear (0 percent from 0.1 percent), restaurants and hotels (0.4 percent from 0.6 percent), and education (0.1 percent from 0.5 percent).

Department of Statistics, Malaysia | Isabel Felino | isabel.felino@tradingeconomics.com
4/16/2014 11:33:21 AM

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Malaysian Inflation Rate Rises Further in February
Malaysian annual inflation rate accelerated for the sixth consecutive month to 3.5 percent, the highest in 32 months, due to higher housing utilities and transport cost. Published on 2014-03-21

Malaysia Inflation Rate Edges Up to 27-Month High
In January of 2014, Malaysian annual inflation rate accelerated for the fifth consecutive month to 3.4 percent, the highest rate since October of 2011, due to higher food, transport and electricity prices. Published on 2014-02-19


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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