Malaysia's leading economic index dropped by 0.5 percent month-on-month in August 2020, after a 4.4 percent gain a month earlier. It was the first decline in leading economic index since March, dragged by number of new companies registered (-0.6 percent vs 1.0 percent in July), real imports of semi conductors (-0.4 percent vs 0.3 percent) and number of housing units approved (-0.1 percent vs 0.2 percent). Year-on-year, the index rose by 7.6 percent, unchanged from a downwardly revised figure in July. Meanwhile, the coincident index, which measures the overall current economic performance, was up 0.5 percent month-on-month in August, much softer than a 1.3 percent growth in July.

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 October of 2020. source: Department of Statistics, Malaysia

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.

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Malaysia Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 4.40 4.90 -5.00 1991 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-24 03:30 AM May 4.9% 0.2% 0.5%
2020-08-24 04:00 AM Jun 3.7% 4.9% 1.5%
2020-09-25 04:00 AM Jul 4.4% 3.8% -1.5%
2020-10-22 04:00 AM Aug -0.5% 4.4% -2.5%
2020-11-25 04:00 AM Sep -0.5% 0.5%
2020-12-25 04:00 AM Oct


News Stream
Malaysia Leading Index Falls for 1st Time in 5 Months
Malaysia's leading economic index dropped by 0.5 percent month-on-month in August 2020, after a 4.4 percent gain a month earlier. It was the first decline in leading economic index since March, dragged by number of new companies registered (-0.6 percent vs 1.0 percent in July), real imports of semi conductors (-0.4 percent vs 0.3 percent) and number of housing units approved (-0.1 percent vs 0.2 percent). Year-on-year, the index rose by 7.6 percent, unchanged from a downwardly revised figure in July. Meanwhile, the coincident index, which measures the overall current economic performance, was up 0.5 percent month-on-month in August, much softer than a 1.3 percent growth in July.
2020-10-22
Malaysia Leading Index Rises Faster in July
Malaysia's leading economic index increased by 4.4 percent year-on-year in July 2020, after an upwardly revised 3.8 percent gain a month earlier, with more businesses being allowed to resume their operations as COVID-19 cases in the country eased. Six out of seven components contributed to the increase: Bursa Malaysia (1.8 percent vs -0.1 percent in June), number of new companies registered (1 percent vs 1.5 percent), real imports of other basic precious & other non-ferrous metals (0.7 percent vs 1.4 percent), real M1 money supply (0.5 percent vs 0.2 percent), and number of housing units approved (0.2 percent vs 0.8 percent). Year-on-year, the index rose by 7.7 percent, following an upwardly revised 4.6 percent gain in June. Meanwhile, the coincident index, which measures the overall current economic performance, was up 1.3 percent month-on-month in July, much softer than an 8.7 percent growth in June.
2020-09-25
Malaysia Leading Economic Index Rises for 3rd Month
Malaysia's leading economic index increased by 3.7 percent from a month earlier in June 2020, after a record 4.9 percent rise in May, as several economic sectors were allowed to resume operations following weeks of closure due to the pandemic. Three out of seven components contributed to the increase: number of new companies registered (1.5 percent vs 1.8 percent); real imports of other basic precious & other non-ferrous metals (1.3 percent vs -0.8 percent); number of housing units approved (0.8 percent vs 0.9 percent); and real M1 money supply (0.2 percent vs 0.4 percent). Year-on-year, the index rose by 4.5 percent, following a 0.6 percent gain in May. Meanwhile, the coincident index, which measures the overall current economic performance, was up 8.7 percent from the previous month, easing from a 10.7 percent jump in May.
2020-08-24
Malaysia Leading Economic Index Rises to Record High
Malaysia's leading economic index increased by 4.9% mom in May 2020, after a downwardly revised 0.2% rise in April. This was the highest reading on record since the series began in February 1991, as businesses activities reopened under the Conditional Movement Control Order starting from 4th May 2020, with five out of seven components contributed to the increase: Bursa Malaysia Industrial Index (1.7% vs 0.5% in April), number of new companies registered (1.8% vs 1.6%), number of housing units approved (0.9% vs -0.7%), expected sales value, manufacturing (1.1% vs 1.4%) and real money supply M1 (0.4% vs 0.6%). Year-on-year, the index surged by 0.6%, after a 5.5% fall in April. Meanwhile, the coincident index, which measures the overall current economic performance, jumped 10.6% mom, recovering from a 15.6% plunge in April, mainly driven by volume index of retail trade (5.1%).
2020-07-24

Malaysia Leading Economic Index
In Malaysia, the Leading Index provides early signal on the direction in which the economy is going. It is calculated based on real money supply M1, Bursa Malaysia industrial index, real total traded (eight major trading partners: Japan, USA, Germany, UK, Singapore, Thailand, China, Canada), CPI for services (inverted), industrial material price index, ratio of price to unit labor cost (manufacturing), number of housing permits approved, number of new companies registered, trend adjustment factor. The index has a base value of 100 as of 2005.