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Malaysian Economic Indicators Leading Coincident and Lagging Indexes June 2017

IM Research
By IM Research
7 years ago
Malaysian Economic Indicators Leading Coincident and Lagging Indexes June 2017

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  1. EMBARGO : Only to be published or disseminated at 1200 hours, Wednesday, 23 August 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIAN ECONOMIC INDICATORS: LEADING, COINCIDENT & LAGGING INDEXES JUNE 2017
  2. The economic activity is expected to continue expanding throughout the year 2017 . The annual change of Leading Index (LI) which monitors the economic performance in advance increased 0.6% in June 2017. Nevertheless, the monthly change of LI showed a negative growth of 0.6% in the reference month. Real Imports of Semi Conductors (-0.5%) and Expected Sales Value in Manufacturing Sector (-0.4%) were the components that significantly caused the decrease. The Coincident Index (CI) which measures the current economic activity, rose 0.4% in June 2017. This was driven by the increase in Volume Index of Retail Trade (0.7%) and Industrial Production Index (0.2%). The annual change of CI increased 4.0% in the reference month. The increase is in line with the growth of Gross Domestic Product at constant price which expanded 5.8% in the second quarter of 2017 from 5.6% in the previous quarter. The annual change of LI and CI in June 2017 remained favorable at a slower momentum as compared to the previous month. At the same time, both Diffusion Indexes sustained above 50.0% since January 2017. Supported by the growth rate shown in Chart 1, the economic activity is expected to continue expanding throughout the year 2017. Note: P Peak, T Trough (The complete indicators on Leading, Coincident and Lagging Indexes are shown in the following Table 4 Released By: DR. MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS MALAYSIA 23 August 2017 Contact person: Ho Mei Kei Public Relation Officer Corporate and User Services Division Department of Statistics, Malaysia Tel : +603-8885 7942 Fax : +603-8888 9248 Email : mkho[at]stats.gov.my ).