Malaysia - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Malaysia was 123.05 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 123.05 in 2021 and a minimum value of 21.27 in 1961.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 21.31
1961 21.27
1962 21.29
1963 21.96
1964 21.87
1965 21.84
1966 22.06
1967 23.06
1968 23.03
1969 22.93
1970 23.36
1971 23.73
1972 24.50
1973 27.09
1974 31.78
1975 33.21
1976 34.08
1977 35.71
1978 37.45
1979 38.82
1980 41.41
1981 45.43
1982 48.07
1983 49.85
1984 51.79
1985 51.97
1986 52.36
1987 52.51
1988 53.85
1989 55.36
1990 56.81
1991 59.29
1992 62.12
1993 64.31
1994 66.71
1995 69.01
1996 71.42
1997 73.32
1998 77.18
1999 79.30
2000 80.52
2001 81.66
2002 83.14
2003 84.04
2004 85.24
2005 87.77
2006 90.94
2007 92.78
2008 97.83
2009 98.40
2010 100.00
2011 103.17
2012 104.89
2013 107.10
2014 110.46
2015 112.79
2016 115.15
2017 119.61
2018 120.66
2019 121.46
2020 120.08
2021 123.05

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices