Construction output in Malaysia rose by 0.8 percent year-on-year in the June quarter 2019, after a 0.7 percent growth in the preceding three months. Output of special trade activities increased faster (5.9 percent vs 4.3 percent in Q1) while residential building activity declined at a softer pace (-1.1 percent vs -7.4 percent). On the other hand, civil engineering production rose less (8.2 percent vs 9.5 percent) while non-residential buildings output dropped much steeper (-9.3 percent vs -4.4 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 2.50 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.