Malaysian Economic Indicators Leading Coincident Lagging Indexes August 2017

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1. EMBARGO : Only to be published or disseminated at 1200 hours, Tuesday, 24 October 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIAN ECONOMIC INDICATORS: LEADING, COINCIDENT & LAGGING INDEXES AUGUST 2017
2. Malaysia economy is expected to continue growing positively in the near term The Leading Index (LI) which monitors the economic performance in advance increased in August 2017. The LI rose 1.9% to 120.3 points in the reference month as against 118.1 points in the previous month. Main components that contributed to the increase were Number of Housing Units Approved (0.7%), Number of New Companies Registered (0.6%) and Real Imports of Semi Conductors (0.5%). The annual change of LI improved further to 2.6% in the reference month. The Coincident Index (CI) which measures the current economic activity, decreased 0.4% in August 2017. Three components of CI that posted the decrease were Volume Index of Retail Trade (-0.3%), Capacity Utilisation in Manufacturing Sector (-0.2%) and Total Employment in Manufacturing Sector (-0.2%). However, the annual change of CI improved further to 4.5% 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 continued to show a positive annual change in August 2017. Supported by the level of both Diffusion Indexes above 50.0%, it is expected that the Malaysia’s economy to continue growing positively in the near term. 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 24 October 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 ).