Inflation Malaysia 2004
Average inflation: 1.4%
Current Inflation
Inflation is low at 1.4%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in November at 2.2%. The lowest inflation was in February at 0.9%.
- Highest month
- November: 2.2%
- Lowest month
- February: 0.9%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.2%. The lowest price increase was in Energy with an average of 0.9%.
- Highest increase
- Food: 2.2%
- Lowest increase
- Energy: 0.9%
Historical Context
Current inflation is around the 5-year average of 1.4%.
- 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 2003, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- November: +1.1 percentage points
ECB Target
Inflation is 0.6% 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 €101.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 1.0% | -0.7 |
| February | 0.9% | -0.7 |
| March | 1.0% | +0.3 |
| April | 1.0% | 0.0 |
| May | 1.2% | +0.2 |
| June | 1.3% | +0.5 |
| July | 1.3% | +0.3 |
| August | 1.4% | +0.4 |
| September | 1.6% | +0.5 |
| October | 2.1% | +0.8 |
| November | 2.2% | +1.1 |
| December | 2.1% | +0.9 |
| Average | 1.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.