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August 11, 2025Information Management and Business ReviewOpen Access

Household Financial Strain in Malaysia: Investigating the Drivers of Elevated Cost of Living

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Authors

SMSiti Aminah MainalMSMuhammad Afiq Idzham ShahairulMKM. Nazmul Karim

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Overview

Analysis identifies key macroeconomic factors influencing cost of living in Malaysia, highlighting economic policy implications.

Key Points

  • Increased cost of living correlates with population growth and income inequality, suggesting economic strain on households.
  • Findings show that fluctuations in import and export rates, as well as adjustments in tax and lending interest rates, influence living costs.
  • Study employs descriptive statistics, correlation analysis, and multiple regression methods on data from 1993 to 2023.
  • Targeted policy strategies are needed to address household financial strain and enhance welfare, focusing on taxation and growth.

Cite This Study

Mainal et al. (2025) studied this question.

synapsesocial.com/papers/68af5407ad7bf08b1eadace4https://doi.org/10.22610/imbr.v17i2(i)s.4613
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