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Malaysian Economic Indicators Leading Coincident Lagging Indexes July 2017

IM Research
By IM Research
6 years ago
Malaysian Economic Indicators Leading Coincident Lagging Indexes July 2017

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  1. EMBARGO : Only to be published or disseminated at 1200 hours, Thursday, 21 September 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIAN ECONOMIC INDICATORS: LEADING, COINCIDENT & LAGGING INDEXES JULY 2017
  2. Malaysia economy is expected to continue rising in the second half of 2017 The Leading Index (LI) which monitors the economic performance in advance increased in July 2017. The LI registered a growth of 0.2% to 118.1 points in the reference month from 117.8 points in June 2017. The components that contributed to the increase were Expected Sales Value in Manufacturing Sector (0.3%) and Real Imports of Semi Conductors (0.2%). The annual change of LI improved to 2.7% in July 2017 from 0.6% in the preceding month. The Coincident Index (CI) which measures the current economic activity, rose 0.9% in July 2017. Five of the six CI components recorded positive growth led by Capacity Utilisation in Manufacturing Sector (0.4%), Total Employment in Manufacturing Sector (0.3%) and Real Salaries & Wages in Manufacturing Sector (0.3%). The annual change of CI showed an increase of 5.4% in the reference month, the highest increase in 2017. Gross Domestic Product at constant price 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 an encouraging growth in July 2017. Supported by both Diffusion Indexes above 50.0%, this indicates that Malaysian economy is expected to continue rising in the second half of 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 21 September 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 ).