Overview

The Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019

The Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019 according to the performance of Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes for July 2018. The monthly change of Leading Index (LI) increased 0.2 per cent in July 2018. The LI was recorded at 118.6 points in the reference month as compared to 118.4 points in June 2018. Five out of seven components of LI make up the increased with the highest contribution by Real Imports of Semi Conductors (0.5%).  In contrast, the annual change of LI decreased slightly, negative 0.1 per cent in July 2018. The LI is designed to monitor the economic performance for an average of four to six months ahead.

The Coincident Index (CI) is a measure of current economic activity. The CI grew 1.6 per cent in July 2018 with positive contributions from all of its components. Capacity Utilisation in Manufacturing sector (0.4%) was the main component that accounted to the increase. The annual change of CI rose to 3.9 per cent from 3.1 per cent in the previous month.

The level of Diffusion Index for LI remained at 42.9 per cent from June 2018. While, the Diffusion Index for CI maintained at 66.7 per cent since January 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 September 2018

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