According to a survey in 2022, the majority of Malaysians would spend less on socializing and holidays to cope with the increasing price amidst inflation, with 45 percent and 42 percent of the respondents said they would cut back on socializing and holidays respectively. In the same year, Malaysia's inflation rate was estimated to be higher than the previous years.
Measures taken by Malaysians to cope with increasing prices amidst inflation as of June 2022
Characteristic
Share of respondents
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survey conducted among respondents in 28 countries
Method of interview
Online panel
Supplementary notes
Question: "If price rises meant that you could no longer afford your normal lifestyle, which, if any, of the below actions would you be likely to take?"
*The sample base was for 28 markets, the Malaysian sample base was included in the count.
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Ipsos. (August 9, 2022). Measures taken by Malaysians to cope with increasing prices amidst inflation as of June 2022 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1341883/malaysia-measures-taken-by-people-to-cope-with-inflation/
Ipsos. "Measures taken by Malaysians to cope with increasing prices amidst inflation as of June 2022." Chart. August 9, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1341883/malaysia-measures-taken-by-people-to-cope-with-inflation/
Ipsos. (2022). Measures taken by Malaysians to cope with increasing prices amidst inflation as of June 2022. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1341883/malaysia-measures-taken-by-people-to-cope-with-inflation/
Ipsos. "Measures Taken by Malaysians to Cope with Increasing Prices amidst Inflation as of June 2022." Statista, Statista Inc., 9 Aug 2022, https://www.statista.com/statistics/1341883/malaysia-measures-taken-by-people-to-cope-with-inflation/
Ipsos, Measures taken by Malaysians to cope with increasing prices amidst inflation as of June 2022 Statista, https://www.statista.com/statistics/1341883/malaysia-measures-taken-by-people-to-cope-with-inflation/ (last visited June 18, 2024)
Measures taken by Malaysians to cope with increasing prices amidst inflation as of June 2022 [Graph], Ipsos, August 9, 2022. [Online]. Available: https://www.statista.com/statistics/1341883/malaysia-measures-taken-by-people-to-cope-with-inflation/