Malaysian Economic Indicators Leading Coincident Lagging Indexes May 2017

Transcription

1. EMBARGO : Only to be published or disseminated at 1200 hours, Monday, 24 July 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIAN ECONOMIC INDICATORS: LEADING, COINCIDENT & LAGGING INDEXES MAY 2017
2. The economic activity will continue to expand in the second half of 2017 . The Leading Index (LI) which monitors the economic performance in advance increased in May 2017. The LI registered a growth of 1.2% to 118.6 points in the reference month from 117.2 points in April 2017. Six of the seven LI components recorded positive growth led by Real Imports of Other Basic Precious & Other Non-ferrous Metal (0.6%) and Number of New Companies Registered (0.2%). The annual change of LI improved to 1.9% in May 2017 from 1.3% in the preceding month. The Coincident Index (CI) which measures the current economic activity, rose by 0.9% in the reference month. Main components that contributed to the increase were Real Salaries & Wages in Manufacturing Sector (0.3%), Total Employment in Manufacturing Sector (0.2%) and Real Contributions to EPF (0.2%). The annual change of CI recorded the highest growth in 2017, increased to 4.5%. Gross Domestic Product at constant price for the first quarter 2017 continued to expand with a growth of 5.6% as compared to 4.5% in the previous quarter. The annual change of LI and CI continued to show an encouraging growth in May 2017. Concurrently, both Diffusion Indexes above 80.0% in the reference month. This implies that the economic activity will continue to expand 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 24 July 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 ).