Construction output in Malaysia rose by 4.1 percent year-on-year in the December quarter of 2018, slowing from a 5.2 percent growth in the preceding three months and reaching the weakest increase since a contraction in the second quarter 2011. Output growth slowed for civil engineering (14.3 percent vs 17.7 percent in the third quarter) and special trade activities (8.2 percent vs 11.8 percent). In addition, residential building output declined further (-9.2 percent vs -7.7 percent). Conversely, non-residential building activity expanded 2.5 percent, much faster than a 0.4 percent rise in the September quarter. 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 5.30 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.