Inflation in Malaysia

Current Annual Inflation: July 2026
1.8% ↓ 0.1 pts

In the year to July 2026, consumer prices in Malaysia rose 1.8%, down from 1.9% a month earlier. Since January 2000 prices have risen 70.7%, which means RM100 then buys what RM170.74 buys now, so the same basket of goods costs 1.7 times what it did.

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Cumulative & Yearly Inflation

Inflation in Malaysia by year

Inflation is the change in that year's average prices against the year before, which is the figure usually quoted. The last two columns take RM100 in January of that year and show what it is worth in July 2026, the most recent month on record. Only years measured in full are listed, so the year now running appears once it ends.

YearInflationRM100 is nowCumulative inflation
20101.6%137.9337.9%
2020-1.1%112.0112.0%
20241.8%104.344.3%
20251.4%102.622.6%
Every year from 2001 to 2025
YearInflationRM100 is nowCumulative inflation
20011.4%168.2168.2%
20021.8%166.4066.4%
20031.1%163.6863.7%
20041.4%162.1262.1%
20053.0%158.3558.4%
20063.6%153.3753.4%
20072.0%148.5648.6%
20085.4%145.2445.2%
20090.6%139.7839.8%
20101.6%137.9337.9%
20113.2%134.6834.7%
20121.7%131.2031.2%
20132.1%129.4629.5%
20143.1%125.2125.2%
20152.1%123.9624.0%
20162.1%119.7419.7%
20173.9%115.9916.0%
20180.9%113.0313.0%
20190.7%113.7813.8%
2020-1.1%112.0112.0%
20212.5%112.2912.3%
20223.4%109.779.8%
20232.5%105.875.9%
20241.8%104.344.3%
20251.4%102.622.6%

A short history of inflation in Malaysia

The Fuel Subsidy Cut (2008)

Malaysian inflation peaked at 8.5% in the year to July 2008, and the immediate cause was a decision rather than a shock. Fuel had long been sold below cost, and with world oil prices at a record the subsidy had become unaffordable; in June 2008 the government raised the petrol price by around 40% and diesel by more, in one step. In an economy where most goods move by road that passed quickly into the wider price level, and the political cost was heavy enough to contribute to the Prime Minister's departure.

Malaysian inflation has otherwise been mild, held down by administered prices for fuel, electricity and several staples. That keeps the measured rate low and stable, at the cost of a budget exposed to world commodity prices and of periodic adjustments like the one in 2008.

Common questions about inflation in Malaysia

What is the current inflation rate in Malaysia?

Prices in Malaysia rose 1.8% in the year to July 2026. That is down from 1.9% a month earlier.

What would RM100 in January 2000 be worth today?

RM100.00 in January 2000 has the same buying power as RM170.74 in July 2026, a rise of 70.7%.

What would RM100 in January 2010 be worth today?

RM100.00 in January 2010 has the same buying power as RM137.93 in July 2026, a rise of 37.9%.

What would RM100 in January 2020 be worth today?

RM100.00 in January 2020 has the same buying power as RM112.01 in July 2026, a rise of 12.0%.

How inflation in Malaysia is measured

The figures on this page come from the IMF's CPI dataset, with the original data from Department of Statistics Malaysia (DOSM). The series is indexed so that a chosen base year equals 100, and the calculator works out the ratio between any two dates you pick.

The currency shown is the Malaysian ringgit (RM). Coverage runs from January 2000 to July 2026, and updates automatically as each new release is published. Figures for the most recent periods can be revised by the statistics office after first publication.

Use this data

Click the reference to select it.

Compare Inflation. “Inflation in Malaysia.” Figures for July 2026. https://compareinflation.com/inflation-in-malaysia/

Download the full series (CSV) — 319 months, January 2000 to July 2026, with the annual rate for each.