According to a 2023 survey by Rakuten Insight on inflation in Malaysia, 60 percent of respondents above the age of 55 years old indicated that they needed to be cautious with their expenses. Around five percent of respondents from nearly all age group said they were unable to cope with inflation.
Share of households impacted by inflation in Malaysia as of March 2023, by age group
Characteristic
16-24 years
25-34 years
35-44 years
45-54 years
Over 55 years
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Rakuten Insight. (April 12, 2023). Share of households impacted by inflation in Malaysia as of March 2023, by age group [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1380303/malaysia-inflation-impact-on-households-by-age-group/
Rakuten Insight. "Share of households impacted by inflation in Malaysia as of March 2023, by age group." Chart. April 12, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1380303/malaysia-inflation-impact-on-households-by-age-group/
Rakuten Insight. (2023). Share of households impacted by inflation in Malaysia as of March 2023, by age group. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1380303/malaysia-inflation-impact-on-households-by-age-group/
Rakuten Insight. "Share of Households Impacted by Inflation in Malaysia as of March 2023, by Age Group." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1380303/malaysia-inflation-impact-on-households-by-age-group/
Rakuten Insight, Share of households impacted by inflation in Malaysia as of March 2023, by age group Statista, https://www.statista.com/statistics/1380303/malaysia-inflation-impact-on-households-by-age-group/ (last visited July 22, 2024)
Share of households impacted by inflation in Malaysia as of March 2023, by age group [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1380303/malaysia-inflation-impact-on-households-by-age-group/