KUALA LUMPUR: Malaysia's inflation trend has remained relatively stable at around 2% to 3% between 2010-2024, despite periodic increases in the minimum wage rate, according to the Economic Outlook 2026 Report released by the Finance Ministry Friday (Oct 10).
The report stated that the ministry's calculations showed that the increasing minimum wage and household purchasing power had not triggered excessive inflationary pressure, with the minimum wage set at RM1,700 in Budget 2025.
