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Forecast of business performance for Malaysia’s fourth quarter 2019

Business performances are expected to be slower in the fourth quarter of 2019. Overall, the confidence indicator has declined to -0.05 per cent as compared to the 3.1 per cent in the previous quarter.

Quarterly Confidence Indicator by Sector, Malaysia, 2018-2019

Quarterly Confidence Indicator by Sector,2018-2019 | Source: Department of Statistics, Malaysia

All sectors, except the Services sector, recorded a negative confidence indicator in the fourth quarter of 2019, with the Construction sector having the lowest score. It recorded a negative confidence indicator of -8.1 per cent, the highest recorded since the third quarter of 2018 (-7.7 per cent).

Malaysia’s 3Q Construction Sector Statistics for 2019

Expectation of business performance in October 2019 – March 2020

Net Balance of Business Performance Expectation for Upcoming Six Months by Sector, 2018-2020 | Source: Department of Statistics, Malaysia

 

Business performance is forecasted to expand slower from October 2019 to March 2020, with an overall net balance of 6.4 per cent as compared to 18.2 per cent recorded in the previous survey.

The Industry and Services sectors are expected to be positive with a net balance of 6.1 per cent and 14.1 per cent respectively. On the other hand, the Construction sector will be expecting a decrease of -9.1 per cent in business performance.

– Construction+ Online

Source: Department of Statistics, Malaysia

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