Malaysian Economic Indicators Leading Coincident Lagging Indexes October 2017
Malaysian Economic Indicators Leading Coincident Lagging Indexes October 2017
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- EMBARGO : Only to be published or disseminated at 1200 hours, Friday, 22 December 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIAN ECONOMIC INDICATORS: LEADING, COINCIDENT & LAGGING INDEXES OCTOBER 2017
- Malaysia ’s economy will continue a favourable growth between February to April 2018 The Leading Index (LI) which monitors the economic performance in advance increased by 0.2% to 120.1 points in October 2017 compared to 119.9 points in the previous month. This was mainly induced by Real Money Supply, M1 (0.4%) and Number of New Companies Registered (0.3%). The annual change of LI rose to 3.2% as against 2.5% as recorded in September 2017. The Coincident Index (CI) which measures the current economic activity, increased 0.5% in the reference month. Three components of CI that contributed to the increase were Volume Index of Retail Trade (0.4%), Real Contributions to EPF and Capacity Utilisation in Manufacturing Sector which posted 0.1% respectively. The annual change of CI continued growing to 3.5% in October 2017. The LI and CI showed an improvement in October 2017 as compared to the preceding month. Concurrently, the Diffusion Index for CI reached 100.0%, while LI remained at 85.7%. This indicates that the Malaysia’s economy will continue a favourable growth between February to April 2018. Note: P Peak, T Trough (The complete indicators on Leading, Coincident and Lagging Indexes are shown in the following Table 4 Released By: DATO' SRI DR. MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS MALAYSIA 22 December 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 ).
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