Inflation Rate 2024 Malaysia. During the observation period from 1960 to 2023, the average inflation rate was 3.0% per year. We assess the current policy rate to be broadly aligned with our growth and inflation projections for malaysia in 2024, where gross domestic product (gdp) is expected to pick up to 5% in 2024 from an estimated 3.8% in.
Malaysia’s inflation rate climbed to 2% in may compared to a 1.8% hike in april. This was driven by price increases in the main groups of housing, water,.
