Average inflation measured by CPI reached 2.29 % in 2019 in Malaysia, according to the National Statistical Office. This is 130 % more than in the previous year.
Historically, average inflation measured by CPI in Malaysia reached an all time high of 2.29 % in 2019 and an all time low of -0.004 % in 1969. When compared to Malaysia's main peers, average inflation measured by CPI in Cambodia amounted to 3.28 %, 1.37 % in Singapore, 0.916 % in Thailand and 4.00 % in Vietnam in 2019.
Malaysia has been ranked 114th within the group of 174 countries we follow in terms of average inflation measured by CPI, 24 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) 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.