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Malaysia’s economy is expected to grow slower between June to August 2018
The annual change of Leading Index (LI) which monitors the economic performance in advance increased 1.1% in February 2018. Nevertheless, the monthly change of LI showed a negative growth of 1.2% in the reference month. Expected Sales Value in Manufacturing Sector (-0.7%) and Real Imports of Semi Conductors (-0.6%) were the components that significantly caused the decrease.
The Coincident Index (CI) which measures the current economic activity, decreased 0.1% in February 2018. Industrial Production Index (-0.3%) and Capacity Utilisation in Manufacturing sector (-0.2%) were among the components that contributed to the decrease. The annual change of CI rose 3.0% in the reference month.
The annual changes of LI and CI were slower than the previous month. Concurrently, the Diffusion Index for CI remained at 66.7% while LI was below 50.0%. Based on this scenario, Malaysia’s economy is expected to grow slower between June to August 2018.
(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
DrUzir_Mahidin Dr_Uzir
24 April 2018
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