Overview

Highlights

The Leading Index (LI) which monitors the economic performance in advance decreased in February 2016. The LI registered a decline of 1.5% to 116.4 points from 118.2 points in the previous month. The component that posted the highest percentage decrease were Real Imports of Other Basic Precious & Other Non-ferrous Metal (-0.8%). The annual change of LI showed a slow momentum in the reference month.

The Coincident Index (CI) which measures the current economic activity, grew by 0.2% in February 2016. The main components that contributed to the increase were Total Employment in Manufacturing Sector and Real Salaries & Wages in Manufacturing Sector which posted 0.2%, respectively. The annual change of CI rose to 1.1% as against 0.9% in January 2016.

The annual change of LI showed a slight decrease from the previous month. However, the annual change of CI showed an improvement in February 2016. At the same time, both Diffusion Indexes were above 50.0%. Based on this scenario, it is expected that the Malaysian economy will continue to expand at a slower rate in the following months. 

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

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
22 April 2016

Contact person:

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@stats.gov.my

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