Malaysia’s Inflation Drops to 1.2 Percent in May

2025-06-24 05:03:06

(MENAFN) Malaysia reported a 1.2 percent inflation rate for May, marking its slowest pace in 51 months, according to official figures released Tuesday.

The Department of Statistics Malaysia explained in a statement that the country’s easing inflation reflects its status as an open economy, aligning closely with the global drop in oil prices.

This downward trend was also evident in the producer price index for domestic output, which showed a 3.4 percent decline in April.

The mining sector heavily influenced this drop, recording a significant negative figure of 17.8 percent.

Within the consumer price index (CPI), the food and beverages category—which accounts for 29.8 percent of the overall CPI weighting—saw a more moderate rise of 2.1 percent in May.

Additionally, the headline inflation rate increased slightly by 0.1 percent in May compared to the previous month.

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