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. source: Department of Statistics, Malaysia

Inflation Rate in Malaysia increased to 1.60 percent in December from 1.40 percent in November of 2025. Inflation Rate in Malaysia averaged 3.31 percent from 1973 until 2025, 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 increased to 1.60 percent in December from 1.40 percent in November of 2025. 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
2025-12-22 04:00 AM
Inflation Rate YoY
Nov 1.4% 1.3% 1.5% 1.4%
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% 1.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 135.50 135.10 points Dec 2025
Core Inflation Rate 2.30 2.20 percent Dec 2025
CPI Housing Utilities 131.20 130.90 points Dec 2025
CPI Transportation 121.90 121.60 points Dec 2025
Export Prices 153.40 154.00 points Dec 2025
Food Inflation 1.50 1.50 percent Dec 2025
Import Prices 124.20 124.50 points Dec 2025
Inflation Rate YoY 1.60 1.40 percent Dec 2025
Inflation Rate MoM 0.30 0.00 percent Dec 2025
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 1.40 23.90 -2.90 1973 - 2025 percent Monthly
2010=100

News Stream
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
Malaysia Inflation Rate Unexpectedly Slows
Malaysia’s annual inflation eased to 1.3% in October 2025, down from September’s seven-month high and market expectations of 1.5%. Food prices increased the least in over 4 years (1.5% vs 2.1% in September). Cost of housing also eased (1.1% vs 1.5% ), amid declines in prices of transport (-0.1% vs 0.7%), clothing (-0.3% vs -0.2%) and communication (-2.4% vs -4.5%). In contrast, inflation held steady for alcoholic beverages & tobacco (at 0.3%), education (at 2.4%), and financial services (at 5.6% ), while prices accelerated for furnishing (0.3% vs 0.2%), health (1.5% vs 1.3%), recreation (1.2% vs 0.9%), restaurants (3.4% vs 3.3%), and miscellaneous items (6.0% vs 4.8%). Core inflation, which excludes volatile fresh food and administered prices, rose 2.2% yoy, the fastest pace in two years, following a 2.1% increase in September. On a monthly basis, consumer prices fell 0.1%, reversing September’s 0.2% rise, which had been the steepest increase in seven months.
2025-11-21