<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 10): Malaysians’ average household expenditure is growing at a faster rate than their income in the first six months of 2014.</p></div>

<div class=newsTextDataWrapInner><p>In a survey of 42,000 households by the Department of Statistics Malaysia (DOSM), it was revealed that the median monthly household income rose 8% annually to RM4,258 in 2014, versus RM3,626 in 2012.</p></div>

<div class=newsTextDataWrapInner><p>In the same period, the mean or average monthly income in Malaysia grew 8.4% to RM5,919 from RM5,000.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Meanwhile, the average monthly household expenditure increased 8.8% annually to RM3,496 compared to RM2,254 in 2009.</p></div>

<div class=newsTextDataWrapInner><p>Ministry of Finance expects that DOSM’s final report, which covers 83,456 households, will register a “further increase in average monthly household expenditure”, which is the trend in the last 15 years.<br />
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KUALA LUMPUR (Oct 10): Malaysians’ average household expenditure is growing at a faster rate than their income in the first six months of 2014.

In a survey of 42,000 households by the Department of Statistics Malaysia (DOSM), it was revealed that the median monthly household income rose...

Economic Report 2014/2015: Household expenditure grew faster than income in first six months of 2014

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<p>The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.</p>


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