PETALING JAYA: Malaysia’s inflation rate remains moderate and under control despite a slight increase, says Datuk Seri Akmal Nasrullah Mohd Nasir.
The Economy Minister said Malaysia’s inflation rate rose to 1.9% in April 2026 from 1.7% in March, but remained lower than that of several regional economies, including the Philippines at 7.2%, Vietnam (5.5%), Indonesia (2.4%) and Korea (2.6%).
He explained that the increase in domestic inflation was mainly driven by the transport sector, which rose from 1.6% in March to 4.1% in April.
“The main factor is the increase in the average diesel price in Peninsular Malaysia to RM5.92 per litre compared with RM4.12 per litre in March 2026, as well as the increase in the price of RON97 to RM5.06 per litre compared with RM4.03 per litre previously,” he told a press conference on the global energy crisis on Tuesday (May 19).
More to come
