Inflation Malaysia 2003
Average inflation: 1.1%
Current Inflation
Inflation is low at 1.1%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 1.7%. The lowest inflation was in March at 0.7%.
- Highest month
- January: 1.7%
- Lowest month
- March: 0.7%
- Difference
- 1.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.4%. The lowest price increase was in Energy with an average of 1.0%.
- Highest increase
- Food: 1.4%
- Lowest increase
- Energy: 1.0%
Historical Context
Current inflation is around the 5-year average of 1.4%. This approaches the lowest level since records began (1.1% in 2003).
- 5-year average
- 1.4%
- 10-year average
- 1.4%
- All-time high (2002)
- 1.8%
- All-time low (2003)
- 1.1%
Trend
Inflation has remained relatively stable. Compared to 2002, the difference is minimal (-0.7 percentage point).
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- March: -1.4 percentage points
ECB Target
Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 1.7% | +0.6 |
| February | 1.6% | +0.4 |
| March | 0.7% | -1.4 |
| April | 1.0% | -0.9 |
| May | 1.0% | -0.9 |
| June | 0.8% | -1.3 |
| July | 1.0% | -1.1 |
| August | 1.0% | -1.1 |
| September | 1.1% | -1.0 |
| October | 1.3% | -0.8 |
| November | 1.1% | -0.5 |
| December | 1.2% | -0.5 |
| Average | 1.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.