Malaysia's leading economic index increased by 1.8 percent month-over-month in March 2021, the highest since last July, accelerating from 1.1 percent a month earlier. The gains was contributed by real money supply M1 (0.3 percent vs 0.3 percent in February), real imports of other basic precious & other non-ferrous metals (0.8 percent vs 0.6 percent), number of companies register (0.4 percent vs 0.6 percent), number of housing units improved (0.6 percent vs -0.2 percent), real imports of semi conductor (0.1 percent vs 0.1 percent). Meanwhile, bursa Malaysia Industrial Index went down 0.4 percent, after declining by 0.3 percent in the previous month. Year-on-year, the index surged by 17.3 percent in March, following an 8.6 percent rise in the prior month. Meanwhile, the coincident index, which measures the overall current economic performance edged up 0.1 percent month-on-month in March, easing from a 3.1 percent growth in February. 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 June 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.