Malaysia's leading economic index dropped by 0.5% mom in April 2022, shifting from an upwardly revised 0.5% gain in the prior month and pointing to the first decline since January. Three out of seven components of the index fell: the number of housing units approved (-1.4% vs 0.3% in March), number of new companies registered (-0.5% vs 0.3%), and Bursa Malaysia industrial index (-0.3% vs 0.1%). Meanwhile, the coincident index, which measures the overall current economic performance, rose by 2.0% mom in April after gaining 1.4% in March. 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 July 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.