Malaysia’s economy will continue a favourable growth between February to April 2018
The Leading Index (LI) which monitors the economic performance in advance increased by 0.2% to 120.1 points in October 2017 compared to 119.9 points in the previous month. This was mainly induced by Real Money Supply, M1 (0.4%) and Number of New Companies Registered (0.3%). The annual change of LI rose to 3.2% as against 2.5% as recorded in September 2017.
The Coincident Index (CI) which measures the current economic activity, increased 0.5% in the reference month. Three components of CI that contributed to the increase were Volume Index of Retail Trade (0.4%), Real Contributions to EPF and Capacity Utilisation in Manufacturing Sector which posted 0.1% respectively. The annual change of CI continued growing to 3.5% in October 2017.
The LI and CI showed an improvement in October 2017 as compared to the preceding month. Concurrently, the Diffusion Index for CI reached 100.0%, while LI remained at 85.7%. This indicates that the Malaysia’s economy will continue a favourable growth between February to April 2018.
P Peak, T Trough
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
22 December 2017
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my