Malaysia Inflation Rate — 2026 CPI Data, Trend & Outlook
Malaysia's inflation rate was 1.38% in December 2025, down from 1.83% the previous year. A year earlier it stood at 1.83%.
Malaysia's inflation rate stands at 1.38% as of December 2025. The inflation rate currently sits at 1.38% (down from 1.83% in the prior year). Across the tracked window it has ranged between -1.14% and 17.33%, and is 0.45% lower than a year ago.
The trend
Among the 193 economies tracked on this platform, Malaysia ranks #148 on inflation rate by latest value. It fell from 1.83% in the previous year, and compares with a year-earlier 1.83%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| Dec 2025 | 1.38% |
| Dec 2024 | 1.83% |
| Dec 2023 | 2.49% |
| Dec 2022 | 3.38% |
| Dec 2021 | 2.48% |
| Dec 2020 | -1.14% |
| Dec 2019 | 0.66% |
| Dec 2018 | 0.88% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Malaysia Right Now (2026)?
Malaysia's inflation rate was 1.38% in December 2025, down from 1.83% the previous year. A year earlier it stood at 1.83%.
Is the inflation rate rising or falling in Malaysia?
It fell in the latest reading — 1.38% in December 2025 versus 1.83% a year earlier. Year on year it is lower.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).