The data displays the average inflation rate in Malaysia from 2012 to 2017, with projections up to 2022. In 2017, the average inflation rate in Malaysia amounted to about 3.8% compared to the previous year.
Malaysia's economy is slowly recovering
The inflation rate is the annual rate of increase of a price index, normally the consumer price index over time. If the same item bought today for 1 U.S. dollar is bought again one year from now, but for 1.03 USD, then the inflation rate is at 3%. Generally, a low inflation rate is sought by every country, and a rate of 3 percent, as is estimated for Malaysia in the next few years, is considered low.
