Malaysia's leading economic index dropped 1.1 percent mom in March 2023, reversing a 2.9% gain in February, which was the highest figure since July 2020, dragged by a fall in four of seven components. Decreases were seen in expected sales value, manufacturing (-0.6%), real imports of other basic precious & other non-ferrous metals (-0.5 percent), the number of housing units approved (-0.3%), and real money supply, M1 (-0.1%). Conversely, the bursa Malaysia Industrial Index rose 0.3%, real imports of semiconductors climbed 0.1%, and the number of new companies inched up 0.04%. On a yearly basis, the leading index shrank 1.2 percent in March, after a downwardly revised 0.4% rise in February, which was the first increase in four months. source: Department of Statistics, Malaysia
Leading Economic Index in Malaysia averaged 0.18 percent from 1991 until 2023, reaching an all time high of 5.50 percent in May of 2020 and a record low of -5.90 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 June of 2023.
Leading Economic Index in Malaysia is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Leading Economic Index is projected to trend around 0.50 percent in 2024 and 0.40 percent in 2025, according to our econometric models.