Inflation Rate In Malaysia 2024 Forecast. Malaysia inflation rate for 2021 was 2.48% , a 3.62% increase from 2020. The annual inflation rate in malaysia rose to 2.0% in may 2024 from 1.8% in the prior three months, exceeding market forecasts of 1.9% and marking the highest level since august 2023.

Rhb research predicted an uptick in malaysia’s headline inflation to 3.3% in 2024, against an estimate of 2.6% last year, amid a rise in asean consumer prices. Aside from the unveiling of malaysia’s gross domestic product (gdp) growth last friday, bank negara also projected headline.