Overview

Highlights

The Leading Index (LI) which monitors the economic performance in advance rose in June 2016. The LI posted a growth of 0.8% to 117.3 points from 116.4 points in May 2016, supported by the increases in five out of seven components of LI. Number of Housing Units Approved (0.3%), Real Money Supply, M1 (0.2%) and Real Imports of Other Basic Precious & Other Non-ferrous Metal (0.2%) were the main components that contributed to the increment. The annual change of LI showed an improvement in June 2016 as compared to the preceding month.

The Coincident Index (CI) which measures the current economic activity, grew by 1.5% in June 2016. This was stimulated by the increases in five out of six CI components, of which Volume Index of Retail Trade (0.5%), Real Salaries & Wages in Manufacturing Sector (0.4%) and Industrial Production Index (0.3%). The annual change of CI expanded to 2.4% as against 1.6% in the previous month.

The annual change of LI and CI continue to show improvement in the reference month. Supported by the level of both Diffusion Indexes above 50.0%, it is expected that the Malaysia’s economy will expand 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
24 August 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[at]stats.gov.my

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