Inflation Rate 2024 Malaysia July. Malaysia’s inflation is expected to trend higher in the second half of 2024 (2h24), mainly due to the recent diesel subsidy reforms. Average inflation rate of 2% for 2024, aligning with the lower end of bank negara malaysia’s target range.

A snapshot of inflation in malaysia data as of sept 2024 the time series charts below this section show trends; Malaysia’s july 2024 inflation has remained at 2% since may 2024, according to the statistics department in its consumer price index (cpi) july 2024 report.