Experts: Rising cost of living dampens income gains


PETALING JAYA: While Malaysia’s latest household income report paints a positive picture of rising earnings and narrowing inequality, economists and consumer advocates caution that the reality for many Malaysians is more complex.

According to the Statistics Department (DOSM), the average monthly disposable household income increased by 3.2% to RM7,584 in 2024, while the median rose by 5.1% to RM5,999, representing 82.8% of total gross household income.

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