Malaysia's leading economic index declined by 2.9 percent month-over-month in May 2021, after a 1.2 percent drop a month earlier. This was the second straight month of negative reading since December last year, amid ongoing COVID-19 disruptions, with all of seven components of the index falling: real imports of other basic precious & other non-ferrous metals (-1.2 percent vs -0.5 percent in May); expected sales value, manufacturing (-1 percent vs -0.7 percent), numbers of new companies registered (-0.3 percent vs 0.4 percent), numbers of housing units approved (-0.3 percent vs -0.02 percent); real money supply (-0.1 percent vs 0.1 percent); and real imports of semiconductors (-0.01 percent vs -0.2 percent). On a yearly basis, the index rose 6.9 percent, slowing sharply from a 15.9 percent jump in April. Meanwhile, the coincident index, which measures the overall current economic performance, declined by 1.3 percent month-on-month, after rising 0.8 percent in April. 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 2021.
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.