Inflation Rate for Malaysia

Indicator Definition:
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.

The statistic "Inflation Rate" stands at 1.83 percent as of 12/31/2024, the lowest value since 12/31/2021.
Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.6548 compared to the value the year prior.
The Serie's long term average value is 2.11 percent. It's latest available value, on 12/31/2024, is -0.28 lower, compared to it's long term average value.
The Serie's change from it's minimum value, on 12/31/2020, to it's latest available value, on 12/31/2024, is +2.97 .
The Serie's change in percentage points from it's maximum value, on 12/31/2008, to it's latest available value, on 12/31/2024, is -3.61.