2024 Cost Of Living Increase Est. Here’s an analysis of key spending since 1993, using data obtained from the household expenditure survey published by the department of statistics malaysia (dosm). On july 2, 2024, the government announced in parliament a new indicator to measure the cost of living in malaysia that will be introduced by november 2024.
Cost of living issues will continue vexing malaysians in 2024, despite softening headline inflation and expectations of higher economic growth this year, according to ocbc. Living costs are up 9 per cent rather than 5.4 per cent.