Malaysia's leading economic index declined by 2.0% month-over-month in July of 2022, reversing from a 0.4% gain in the prior month. This was the first drop in the index since April and the steepest pace since June 2021. Six out of seven components of the index dropped: real imports of other basic precious & other non-ferrous metals ferrous metals (-0.9% vs 0.6% in June), real imports of semiconductors (-0.5% vs -0.4%), number of new companies registered (-0.3% vs 0.6%), number of housing units approved (-0.1% vs 0.4%), real money supply, M1 (-0.2% vs 0.1% ), and Bursa Malaysia industrial index (-0.1% vs -0.6%). Meanwhile, the coincident index, which measures the overall current economic performance, fell by 1.6% mom in July after gaining 0.2% in June. 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 September of 2022.
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.