Malaysia’s Inflation Update
June 2026

Zahier Nasrudin

Malaysia’s inflation eased slightly to 1.9% in June 2026, down from 2.0% in May. The pullback is modest but welcome: driven largely by easing in Transport and Personal Care. However, Insurance & Financial Services surged to 5.7%, keeping overall services inflation elevated.

Source: Department of Statistics Malaysia (DOSM), Consumer Price Index June 2026

Data: data.gov.my

Trend

Malaysia: CPI Inflation (%), January 2024 – June 2026

After hitting 2.0% in May, inflation pulled back slightly to 1.9% in June. The broader trend since mid-2025 remains upward, but the June reading suggests the climb may be plateauing rather than accelerating.

By Component

Malaysia: CPI Inflation by Component (%), June 2026

Highest inflation:
Insurance & Financial Services: 5.7%, jumped from 4.9% in May
Personal Care & Miscellaneous: 3.4%, dropped significantly from 4.8%
Transport: 2.8%. Continuing to ease from 3.8% in May

Moderate inflation:
Alcoholic Beverages & Tobacco: 2.8%
Restaurant & Accommodation: 2.6%
Information & Communication: 2.4%
Education: 2.1%

Low or negative:
Housing & Utilities: 1.4%
Food & Beverages: 1.4%
Health: 1.2%
Recreation, Sport & Culture: 1.1%
Furniture & Household: 0.4%
Clothing & Footwear: 0%

By State

Malaysia: Inflation by State (%), June 2026
Pahang leads Peninsular at 2.6%
Kelantan remains the lowest in Peninsular at 0.8%
W.P. Labuan eased to 2.3% from 2.6% in May
Sabah at 1.9%
Sarawak holds at 0.4%, still the lowest state nationally
The Peninsular vs East Malaysia divide persists. Sarawak continues to record inflation far below the national average.

Updated monthly. Data sourced from DOSM. Visualisations by Zahier Nasrudin | myvizard.com


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