Malaysia's headline inflation eased to 1.8% year-on-year in July 2026, from 1.9% in the preceding month, Department of Statistics Malaysia data showed.

Consumer prices were unchanged month-on-month after rising 0.0% in the previous month.

Insurance and financial services recorded the fastest annual increase among the 13 main groups, at 3.4%. This was followed by Personal care, social protection and miscellaneous goods and services (2.9%) and Alcoholic beverages and tobacco (2.7%). Food and beverages, a core household spending group, rose 1.8% from a year earlier.

The largest month-on-month movements were Transport (-1.1%), Personal care, social protection and miscellaneous goods and services (-0.5%) and Food and beverages (0.3%), with negative figures indicating lower prices than in the preceding month. These category movements came alongside the unchanged national headline reading for June.

Headline inflation has moved within a narrow range in recent releases: February 2026 at 1.4%, March 2026 at 1.7%, April 2026 at 1.9%, May 2026 at 2.0%, June 2026 at 1.9% and July 2026 at 1.8%. June's reading matched April's rate but was below May's 1.9%.

The CPI tracks the cost of a representative basket of goods and services. Source: Department of Statistics Malaysia / OpenDOSM, Headline Consumer Price Inflation dataset for July 2026. https://data.gov.my/data-catalogue/cpi_headline_inflation

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