Construction output in Malaysia rose by 0.7 percent year-on-year in the March quarter of 2019, slowing from a 4.1 percent growth in the preceding three months. It was the smallest increase in construction production since the second quarter 2011, when it contracted 6.0 percent. Output growth eased markedly for both civil engineering (9.5 percent vs 14.3 percent in Q4) and special trade activities (4.3 percent vs 8.2 percent). In addition, non-residential building activity tumbled (-4.4 percent vs 2.5 percent), while residential building output declined at a softer pace (-7.4 percent vs -9.2 percent). Construction Output in Malaysia averaged 13.53 percent from 2011 until 2016, reaching an all time high of 35.30 percent in the second quarter of 2012 and a record low of -6.00 percent in the second quarter of 2011.
Construction Output in Malaysia is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Malaysia to stand at 5.00 in 12 months time. In the long-term, the Malaysia Construction Output is projected to trend around 6.00 percent in 2020, according to our econometric models.