Malaysia's leading economic index dropped by 0.7 percent month-over-month in October 2020, after a 0.9 percent rise a month earlier. The decline was dragged by the number of new companies registered (-0.8 percent vs 0.6 percent in September), real imports of other basic precious & other non-ferrous metals (-0.4 percent, after being flat in September), and the expected sales value manufacturing (-0.3 percent vs -0.1 percent). Year-on-year, the index rose by 6.3 percent in October, following an 8.6 percent growth in September. Meanwhile, the coincident index, which measures the overall current economic performance fell 1.1 percent month-on-month in October, after an 1 percent gain in September. 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 January of 2021.
Leading Economic Index in Malaysia is expected to be 0.50 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 2.00 in 12 months time. In the long-term, the Malaysia Leading Economic Index is projected to trend around 1.80 percent in 2021, according to our econometric models.