Malaysia's leading economic index rose by 4.0% mom in September 2021, the most since May 2020, after a 1.1% gain a month earlier. The latest reading also pointed to the second straight month of increase in the index, buoyed by a faster economic recovery from the pandemic following a surge in vaccination rates and further relaxation of lockdown measures. Contribution to the index mainly came from real imports of other basic precious & other non-ferrous metals (1.6% vs 0.2% in August), real imports of semiconductors (1.1% vs 0.1%), the number of new companies registered (1.0% vs -0.1%), the number of housing units approved (0.5% vs -0.8%), and real money supply, M1 (0.2% vs 0.2%). On a yearly basis, the index went up 0.6% after falling 2.3% in August. Meanwhile, the coincident index, which measures the overall current economic performance, increased 3.9% mom following a 4.2% growth in August. 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 December 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.