Malaysia Economic Indicators
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As of latest information on Malaysia economic indicators there has been a decrease of 6.1 points in MasterCard Worldwide Index of Women’s Advancement Score. This index deals with economic standing of women in particular societies.
Economic activity indicator, which is among major Malaysian economic indicators, has depreciated at a rate of 2.9 percent during December 2008. As per information from Department of Statistics this index had declined at a rate of 2.5 percent in November that year.
Latest news on Malaysia’s economic indicators has suggested that coincident index has fallen to 119.2 points, which is equivalent of 1.6 percent. During 2008 fiscal smoothed coincident index, which functions for a period of six months, had depreciated at a rate of 6.0 percent.
In its report on economic indicators of Malaysia Department of Statistics has stated that at present movements of prominent components do not provide any proper indication as to whether leading index would be growing at a consistent rate and in a forward direction in coming months.
Economic experts have noted that movement of economic indicators at Malaysia like coincident index has shown that Malaysia is heading for an economic downturn in 2009 fiscal.
As per economic indicators for Malaysia gross domestic product for December 2008 has gone up at a rate of 0.1 percent in comparison to final quarter of fiscal 2007.
In another news on economic indicators in Malaysia production index for manufacturing sector in Malaysia has gone down at a rate of 18.4 percent in December 2008 compared to December 2007 fiscal.
Information on Malaysia economic indicators has revealed that in December 2008 production index of mining sector of Malaysia economy has declined at a rate of 8.4 percent from December 2007 fiscal.
It has also been known that production index of electricity sector of Malaysia for December 2008 has gone down at a rate of 6.2 percent compared to December 2007 fiscal. Manufacturing sales index of December 2008 fiscal has decreased at a rate of 20.8 percent from December 2007 and consumer price index for December 2008 has gone up at a rate of 4.4 percent compared to 2007.
Malaysia economic indicators also show that in December 2008 exports of Malaysia have amounted to Ringgit 46.09 billion and its imports have amounted to Ringgit 34.42 billion at same period. This implies that for December 2008 trade balance of Malaysia was Ringgit 11.67 billion.
