Malaysia’s month‑on‑month inflation picked up modestly in August 2026, with the Consumer Price Index (CPI) rising 0.30% compared with July, according to data updated on 18 September 2026. The move marks a return to positive price growth after a flat reading of 0.00% in July 2026.
The shift from zero price growth to a 0.30% increase on a month‑over‑month basis suggests a mild firming in consumer prices as the economy moves through the third quarter. On a comparative basis, the August “actual” figure reflects price changes from July to August, while the previous reading captures the change from June to July, when inflation was effectively stagnant.
While the latest print does not point to strong price pressures, it does indicate that disinflationary momentum seen in July has eased. Market participants and policymakers will be watching incoming data to see whether August’s uptick develops into a more sustained inflation trend or remains a one‑off adjustment in Malaysia’s monthly price dynamics.
