Inflation Malaysia 2008

Average inflation: 5.4%

Current Inflation

Inflation is very high at 5.4%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 8.5%. The lowest inflation was in January at 2.3%.

Highest month
July: 8.5%
Lowest month
January: 2.3%
Difference
6.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 8.8%. The lowest price increase was in Energy with an average of 1.6%.

Highest increase
Food: 8.8%
Lowest increase
Energy: 1.6%

Historical Context

Current inflation is 2.3% higher than the 5-year average of 3.1%. This approaches the highest level since records began (5.4% in 2008).

5-year average
3.1%
10-year average
2.5%
All-time high (2008)
5.4%
All-time low (2003)
1.1%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.4 percentage point.

Change vs. previous year
+3.4 percentage points
Largest monthly swing
July: +6.9 percentage points

ECB Target

Inflation is 3.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Inflation by category

Food
8.8%
+3.4vs avg.
More details →
Energy
1.6%
-3.8vs avg.
More details →
Core inflation
2.6%
-2.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2007
January 2.3% -0.9
February 2.7% -0.4
March 2.8% +1.3
April 3.0% +1.5
May 3.8% +2.4
June 7.7% +6.3
July 8.5% +6.9
August 8.5% +6.6
September 8.2% +6.4
October 7.6% +5.7
November 5.7% +3.4
December 4.4% +2.0
Average 5.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also