Construction output in Malaysia rose by 0.6 percent year-on-year in the September quarter of 2019, the weakest growth since the second quarter 2011, after a 0.8 percent growth in the preceding three months. Both output of civil engineering production (7.5 percent vs 8.2 percent in Q2) and special trade activities grew at softer rates (2.8 percent vs 5.9 percent). In addition, activities shrank further for both residential building activity (-2.7 percent vs -1.1 percent) and non-residential buildings (-11.6 percent vs -9.3 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. source: Department of Statistics, Malaysia
Construction Output in Malaysia is expected to be 2.00 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 3.00 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.