Unemployment in Malaysia
Malaysia - UnemploymentEconomic momentum is expected to have ebbed in the third quarter as ongoing weakness in the external sector likely spread to the domestic economy. Merchandise exports contracted in Q3 on declining electronic shipments—the backbone of the external sector—amid the longstanding U.S.-China trade war and limp global tech demand. Meanwhile, falling imports, a slowdown in private credit growth and slowing wage gains in Q3 signal lackluster fixed investment and private consumption; that said, a tight labor market and lower inflation should have cushioned consumer spending. Turning to the fourth quarter, improving new orders and production suggest the downturn in the manufacturing sector may have bottomed out, although falling export orders remains a cause for concern.
Malaysia - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Malaysia Unemployment Chart
Source: Department of Statistics Malaysia.
|Bond Yield||3.42||0.15 %||Nov 21|
|Exchange Rate||4.17||0.0 %||Nov 21|
|Stock Market||1,592||-0.29 %||Nov 21|
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December 4, 2019
Exports sank 7.5% year-on-year in annual terms in October, down from the 7.3% decline recorded in September; however, the print was better than expected by market analysts.
December 2, 2019
The manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit, climbed to 49.5 in November from 49.3 in October, marking the best result since September 2018.
November 21, 2019
Consumer prices increased 0.2% over the prior month in October, following the flat reading in September.
November 15, 2019
The economy weakened in the third quarter, dragged down by falling fixed investment and exports.
November 12, 2019
Industrial output rose 1.7% in annual terms in September, matching August’s revised increase (previously reported: +1.9% year-on-year), and missing market expectations of 1.9% growth.