May’s year-on-year inflation rise to 2.0% marks the fastest pace in nearly a year, driven by food and transport costs.
Malaysia’s headline inflation accelerated to 2.0% year-on-year in May, the highest rate since July 2024. The increase was led by higher prices in food, housing, utilities, and transport sectors.
Year-to-date inflation stands at 1.7%, aligning with expectations for a full-year inflation rate of 2.0%. The uptick follows a period of moderating price pressures earlier in the year.
No immediate market reaction was reported, though the data may influence monetary policy discussions in the coming months.