Overview

Highlights

Malaysian economy is expected to continue growing positively in first half of 2017

The Leading Index (LI) which monitors the economic performance in advance registered a growth of 0.7% to 117.8 points in January 2017 from 117.0 points in the previous month. The increase was underpinned by Expected Sales Value in Manufacturing Sector (0.9%), Bursa Malaysia Industrial Index (0.4%), Number of New Companies Registered (0.4%) and Real Imports of Semi Conductors (0.2%). The annual change of LI improved further to 0.2% in the reference month.  

The Coincident Index (CI) which measures the current economic activity, decreased 0.6% in January 2017. Two components of CI that posted the highest percentage decrease were Real Salaries & Wages in Manufacturing Sector (-0.3%) and Capacity Utilisation in Manufacturing Sector (-0.2%). However, the annual change of CI increased 1.6% in the current month.

The LI and CI showed a positive annual change in January 2017. Supported by the level of both Diffusion Indexes above 50.0%, it is expected that the Malaysia’s economy to continue growing positively in the near term.

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

Released By:

DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA

24 March 2017

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Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
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Email : mkho[at]stats.gov.my

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