Economic growth is expected to continue throughout the first half of 2018
The annual change of Leading Index (LI) which monitors the economic performance in advance, increased to 1.6% in December 2017. However, the monthly change of LI registered a decrease of 1.8% in the reference month. The main components that caused this decrease were Real Imports of Semi Conductors (-0.8%) and Number of Housing Units Approved (-0.6%).
The Coincident Index (CI) which measures the current economic activity, declined slightly by 0.2% in December 2017. Industrial Production Index (-0.2%) were among the components that accounted to this decrease. The annual change of CI registered a growth of 3.2% in the reference month.
The annual change of LI and CI in December 2017 remained favourable at a slower momentum as compared to the previous month. Supported by the level of both Diffusion Indexes sustaining above 50.0%, it is expected that the economic growth will continue throughout the first half of 2018.
P Peak, T Trough
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
23 February 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]stats.gov.my