How does April 2022 inflation compare to historical averages?

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April 2022 Inflation Exceeded Historical Averages

In April 2022, Malaysia's Consumer Price Index (CPI) saw a year-on-year increase of 2.3 per cent, reaching 125.9 compared to 123.1 in April 2021. This rate of inflation was higher than the long-term average inflation recorded in Malaysia between January 2011 and April 2022, which stood at 1.9 per cent.
CPI Reached 125.9 in April 2022

The Department of Statistics Malaysia (DoSM) reported that the CPI for April 2022 was 125.9. This figure represents a 2.3 per cent rise when compared to the CPI of 123.1 recorded in the same month of the previous year.
Inflation Rate Surpassed Long-Term Average

The 2.3 per cent inflation recorded in April 2022 was notably above the average inflation rate observed in Malaysia over a more extended period. Specifically, the average inflation from January 2011 to April 2022 was calculated at 1.9 per cent, indicating that the most recent figure represented an acceleration.
Food Inflation Was a Significant Contributor

Chief statistician Datuk Sri Mohd Uzir Mahidin highlighted that food inflation in April 2022 was particularly elevated, standing at 4.1 per cent. This surge was largely driven by increases across a substantial majority of items within the food and beverages group, with 89.1 per cent of these items experiencing price hikes.
Other Sectors Also Saw Price Increases

Beyond food, several other categories contributed to the overall inflation. Restaurants and hotels experienced a 3.2 per cent increase in their respective indices. The transport sector recorded a 3.0 per cent rise, followed by furnishings, household equipment, and routine household maintenance at 2.7 per cent. Miscellaneous goods and services saw an increase of 1.8 per cent, and recreation services and culture rose by 1.3 per cent.

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How does April 2022 inflation compare to historical averages?

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