Malaysia's leading economic index increased by 0.4% mom in May 2022, reversing from a 0.5% fall in the prior month with three out of seven components of the index gaining: the number of housing units approved (1.2% vs -1.5% vs 0.3% in April), real imports of other basic precious & other non-ferrous metals ferrous metals (0.2% vs 1.0%), and number of new companies registered (0.1% vs -0.6%). Meanwhile, the coincident index, which measures the overall current economic performance, rose by 0.8% mom in May, After growing by 2% in April. 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 August of 2022.
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.