The economy will continue expanding at a slower pace in the fourth quarter of 2018
The Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes for June 2018 shows a better performance as compared to the previous month. However, the moderate current trend anticipates that the economy will continue expanding at a slower pace between October to December 2018. The monthly change of Leading Index (LI) recorded an increase of 0.5 per cent to 118.4 points from 117.8 points in May 2018. Real Imports of Other Basic Precious & Other Non-ferrous Metals (0.6%), Number of New Companies Registered (0.5%) and Expected Sales Value in Manufacturing sector (0.4%) were the impetus to the growth of LI in the reference month. The annual change of LI rose 0.3 per cent in June 2018 as against negative 0.7 per cent in the last month. The LI indicators are designed to indicate the direction of economy for the next four to six months ahead.
The Coincident Index (CI) which represent the current economic performance, increased 1.2 per cent in June 2018. Two main components of CI that accounted to the increase were Volume Index of Retail Trade (0.9%) and Real Contributions to EPF (0.2%). The annual change of CI improved 3.1 per cent in the reference month.
The level of Diffusion Index for LI reached 42.9 per cent, which was better than 14.3 per cent recorded in the previous month. Meanwhile, the Diffusion Index for CI remained at 66.7 per cent since the first month of 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
20 August 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