The growth of Malaysia’s economy is expected to remain favourable between August to October 2018
Based on the findings of Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes for April 2018, the growth of Malaysia’s economy is expected to remain favourable between August to October 2018. The Leading Index (LI) indicators are designed to monitor the economic performance in average of four to six months ahead. The monthly change of LI increased 0.1 per cent to reach 119.1 points from 119.0 points in March 2018. Two main components of LI that contributed to this increase were Number of Housing Units Approved (0.4%) and Number of New Companies Registered (0.2%). The annual change of LI also recorded a better growth of 1.4 per cent as against 0.3 per cent in the previous month.
The Coincident Index (CI) which examines the current economic activity, decreased 0.3 per cent in the reference month. Capacity Utilisation in Manufacturing sector and Volume Index of Retail Trade were among the components that contributed to the decrease which posted negative 0.2 per cent, respectively. The annual change of CI rose 2.8 per cent in April 2018.
The Diffusion Index for LI showed an improvement for April 2018. However, the Diffusion Index for CI remained at 66.7 per cent since January 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
25 June 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