Malaysia’s inflation in August 2024 moderated to 1.9% compared to a year earlier, slightly less than forecast, according to the Statistics Department (DOSM).

Malaysia’s inflation eased to 1.9% in August, the statistics department said, despite the consumer price index (CPI) edging up to 133.2 against 130.7 recorded the same month a year ago. The department attributed the increase in inflation year-on-year to increases in several key categories,

Malaysia's inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).

Headline inflation, as measured by the change in the consumer price index (CPI), eased slightly last month, after remaining stable at the same rate for the previous three months.