Overview

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.

Note:

P Peak, T Trough

(The complete indicators on Leading, Coincident and Lagging Indexes are shown in the following Table 4   ).

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA

23 February 2018

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Department of Statistics, Malaysia
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