Malaysia's consumer price inflation came in at 0.2 percent year-on-year in December 2018, unchanged from the previous month and below market consensus of 0.4 percent. It remained the lowest inflation rate since August, as cost of food slowed. On a monthly basis, consumer prices went up 0.1 percent in December, following a 0.2 percent rise in the preceding month and marking the sixth straight monthly gain. Inflation Rate in Malaysia averaged 3.57 percent from 1973 until 2018, reaching an all time high of 23.90 percent in March of 1974 and a record low of -2.40 percent in July of 2009.
Inflation Rate in Malaysia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Malaysia to stand at 1.40 in 12 months time. In the long-term, the Malaysia Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.