Malaysia's leading economic index rose by 1.1 percent month-over-month in August of 2021, after a 0.6 percent drop a month earlier. The latest reading pointed to the first rise in the index since March, as the economy gradually recovered from disruptions caused by the COVID-19 pandemic. Five of seven components of the index advanced: expected sales value, manufacturing (1.3 percent vs 0.5 percent in July); real money supply, M1 (0.2 percent vs 0.4 percent); Bursa Malaysia Index (0.2 percent vs -0.3 percent); real imports of other basic precious & other non-ferrous metals (0.2 percent vs -1.3 percent); and real imports of semiconductors (0.1 percent vs -0.6 percent). On a yearly basis, the index dropped 2.3 percent, after a 4.0 percent fall in July. Meanwhile, the coincident index, which measures the overall current economic performance, went up by 4.2 percent month-on-month, after retreating 2.5 percent in July. source: Department of Statistics, Malaysia
Leading Economic Index in Malaysia averaged 0.18 percent from 1991 until 2020, reaching an all time high of 4.90 percent in May of 2020 and a record low of -5 percent in March of 2020. This page provides - Malaysia Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Leading Economic Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Leading Economic Index in Malaysia is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Malaysia to stand at 1.10 in 12 months time. In the long-term, the Malaysia Leading Economic Index is projected to trend around 1.80 percent in 2022, according to our econometric models.