Overview

Malaysia’s economy will continue to strengthen between March to May 2018

The Leading Index (LI) which monitors the economic performance in advance registered a growth of 1.0% in November 2017 to 121.3 points from 120.1 points in October 2017. The increased was underpinned by Number of Housing Units Approved (0.5%), Expected Sales Value in Manufacturing sector (0.4%), Real Imports of Other Basic Precious & Other Non-ferrous Metal (0.1%) and Number of New Companies Registered (0.1%). The annual change of LI picked up to 4.5% as compared 3.2% in the last month.

The Coincident Index (CI) which measures the current economic activity, rose 0.5% in November 2017. Two main components that contributed to the increase were Industrial Production Index (0.3%) and Volume Index of Retail Trade (0.2%). The annual change of CI accelerated to 3.6% in the reference month as against 3.5% in the preceding month.

The LI and CI showed a good performance in November 2017 as compared to the preceding month. At the same time, both Diffusion Indexes remained above 50.0%. Based on this scenario, the Malaysia’s economy will continue to strengthen between March to May 2018.

Note:

P Peak, T Trough

(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

22 January 2018

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Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
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Email : mkho[at]stats.gov.my

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