Malaysia inflation rate for 2023 was 2.49%, a 0.89% decline from 2022.
Malaysia inflation rate for 2022 was 3.38%, a 0.9% increase from 2021.
Malaysia inflation rate for 2021 was 2.48%, a 3.62% increase from 2020.
Malaysia inflation rate for 2020 was -1.14%, a 1.8% decline from 2019.
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.
