Malaysian Economic Indicators Leading Coincident Lagging Indexes - January 2017

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1. EMBARGO : Only to be published or disseminated at 1200 hours, Friday, 24 March 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIAN ECONOMIC INDICATORS: LEADING, COINCIDENT & LAGGING INDEXES JANUARY 2017
2. Highlights Malaysian economy is expected to continue growing positively in first half of 2017 The Leading Index (LI) which monitors the economic performance in advance registered a growth of 0.7% to 117.8 points in January 2017 from 117.0 points in the previous month. The increase was underpinned by Expected Sales Value in Manufacturing Sector (0.9%), Bursa Malaysia Industrial Index (0.4%), Number of New Companies Registered (0.4%) and Real Imports of Semi Conductors (0.2%). The annual change of LI improved further to 0.2% in the reference month. The Coincident Index (CI) which measures the current economic activity, decreased 0.6% in January 2017. Two components of CI that posted the highest percentage decrease were Real Salaries & Wages in Manufacturing Sector (-0.3%) and Capacity Utilisation in Manufacturing Sector (-0.2%). However, the annual change of CI increased 1.6% in the current month. The LI and CI showed a positive annual change in January 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. (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 March 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 ).