Malaysian economic growth is anticipated to ease in December 2018 to February 2019
The Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes for August 2018 expects the economic growth to ease in December 2018 to February 2019. The annual change of Leading Index (LI) decreased 0.9 per cent in the reference month. The LI is compiled to provide a signal where the economy is heading for an average of four to six months ahead. On the opposite side, the monthly change of LI posted an increase of 0.3 per cent in August 2018 to 118.9 points, following 0.1 per cent increase in July 2018. Three components of LI that attributed to the increase were Number of Housing Units Approved (0.5%), Real Money Supply, M1 (0.2%) and Real Imports of Semi Conductors (0.2%).
The Coincident Index (CI) is a measure of the overall current economic performance. The CI decreased 0.3 per cent in August 2018 with Capacity Utilisation in Manufacturing sector (-0.3%) was the main component that led to the decrease. The annual change of CI grew 3.6 per cent in the reference month.
The level of Diffusion Index for LI remained at 42.9 per cent for three consecutive months. Meanwhile, the Diffusion Index for CI performed better with 83.3 per cent in August 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
24 October 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