{"id":1854,"date":"2008-12-07T23:35:29","date_gmt":"2008-12-07T15:35:29","guid":{"rendered":"http:\/\/maddruid.com\/?p=1854"},"modified":"2009-02-25T22:51:25","modified_gmt":"2009-02-25T14:51:25","slug":"1846-of-forward-indices-forward","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=1854","title":{"rendered":"[1846] Of forward indices, forward!"},"content":{"rendered":"

Is the Malaysian economy in trouble? Or rather, was it in trouble in September?<\/p>\n

Judging by the latest lagging, coincident and leading indicators, the answer to the question is not really in the positive.<\/p>\n

The Coincident Index (CI), a measure of current economic activity, decreased by 0.1% in September 2008 registering at 123.6 points. Negative change was recorded by Index of Industrial Production (-0.3%), real salaries & wages (-0.2%) and real sales in manufacturing sector (-0.1). The six-month smoothed growth rate of CI remain positive at 0.2% in the current month.<\/p>\n

The Leading Index (LI) moved up 0.8% to reach 158.8 points in September 2008 as compared to 157.5 points in the previous month. Two out of the eight existing components posted an increase, namely, real money supply, M1 (0.8%) and number of housing permits approved (0.8%). The six-month smoothed growth rate of LI recorded an increase of 1.2% in the current month.<\/p>\n

The recent trend of the LI six-month smoothed growth rate indicates that the Malaysian economy is expected to sustain its slow growth in the month ahead. [Malaysia Economic Indicators – Leading, Coincident And Lagging Indices September 2008<\/a><\/em>. Department of Statistics Malaysia. Assessed December 7 2008]<\/p><\/blockquote>\n

It was slowing down but not as bad as feared. The Lagging Index for September especially was higher when seasonally adjusted to the year before.<\/p>\n

\"Mohd \"Mohd \"Mohd<\/p>\n

p\/s \u2014 The Bank Negara totally needs an RSS feed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Is the Malaysian economy in trouble? Or rather, was it in trouble in September? Judging by the latest lagging, coincident and leading indicators, the answer to the question is not really in the positive. The Coincident Index (CI), a measure of current economic activity, decreased by 0.1% in September 2008 registering at 123.6 points. Negative […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[118],"class_list":["post-1854","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economic-indicator"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1854"}],"version-history":[{"count":8,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1854\/revisions"}],"predecessor-version":[{"id":2409,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1854\/revisions\/2409"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}