Inflation Malaysia 2020

Average inflation: -1.1%

Current Inflation

There is deflation with consumer prices declining by 1.1%.

Peak and Trough

The highest inflation was in January at 1.6%. The lowest inflation was in April at -2.9%.

Highest month
January: 1.6%
Lowest month
April: -2.9%
Difference
4.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 1.3%. The lowest price increase was in Energy with an average of -1.7%.

Highest increase
Food: 1.3%
Lowest increase
Energy: -1.7%

Historical Context

Current inflation is 2.4% lower than the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.9%
All-time high (2008)
5.4%
All-time low (2020)
-1.1%

Trend

Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.8 percentage point.

Change vs. previous year
-1.8 percentage points
Largest monthly swing
June: -3.4 percentage points

ECB Target

Inflation is 3.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €98.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Inflation by category

Food
1.3%
+2.4vs avg.
More details →
Energy
-1.7%
-0.6vs avg.
More details →
Core inflation
1.0%
+2.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2019
January 1.6% +2.3
February 1.3% +1.7
March -0.2% -0.4
April -2.9% -3.1
May -2.9% -3.1
June -1.9% -3.4
July -1.3% -2.7
August -1.4% -2.9
September -1.4% -2.5
October -1.5% -2.6
November -1.7% -2.6
December -1.4% -2.4
Average -1.1%

Data source

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

See also