Malaysia's leading economic index declined by 2.8 percent month-over-month in June 2021, after a 2.9 percent drop a month earlier. This was the third straight month of negative reading, amid ongoing COVID-19 disruptions, with all of seven components of the index falling: numbers of housing units approved (-0.9 percent vs -0.3 percent); numbers of new companies registered (-0.8 percent vs -0.2 percent); real imports of semiconductors (-0.4 percent vs -0.01 percent); real imports of other basic precious & other non-ferrous metals (-0.1 percent vs -1.1 percent); real money supply (-0.1 percent vs -0.1 percent); and expected sales value, manufacturing (-0.01 percent vs -1 percent). On a yearly basis, the index rose 0.5 percent, slowing sharply from a 6.9 percent jump in May. Meanwhile, the coincident index, which measures the overall current economic performance, declined by 6.3 percent month-on-month, after falling 1.3 percent in May. 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 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.