Malaysia's inflation rises at slower rate of 1.8% in 2024


Photo by Mohd RASFAN / AFP

KUALA LUMPUR: Malaysia's inflation increased at a slower rate of 1.8 per cent in 2024 versus 2.5 per cent in 2023, with the index points standing at 132.8 in 2024 against 130.4 recorded in the previous year, said the Department of Statistics Malaysia (DOSM).

In a statement today, it said the country's inflation is in line with global inflation, which was recorded at 5.7 per cent in 2024, slower than the 6.6 per cent posted in 2023, citing the International Monetary Fund's World Economic Outlook Database, April 2025.

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