The Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019
The Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019 according to the performance of Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes for July 2018. The monthly change of Leading Index (LI) increased 0.2 per cent in July 2018. The LI was recorded at 118.6 points in the reference month as compared to 118.4 points in June 2018. Five out of seven components of LI make up the increased with the highest contribution by Real Imports of Semi Conductors (0.5%). In contrast, the annual change of LI decreased slightly, negative 0.1 per cent in July 2018. The LI is designed to monitor the economic performance for an average of four to six months ahead.
The Coincident Index (CI) is a measure of current economic activity. The CI grew 1.6 per cent in July 2018 with positive contributions from all of its components. Capacity Utilisation in Manufacturing sector (0.4%) was the main component that accounted to the increase. The annual change of CI rose to 3.9 per cent from 3.1 per cent in the previous month.
The level of Diffusion Index for LI remained at 42.9 per cent from June 2018. While, the Diffusion Index for CI maintained at 66.7 per cent since January 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
24 September 2018
Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]dosm.gov.my