Unemployment in Malaysia
Malaysia - UnemploymentThe economy lost some impetus in Q1, after accelerating in the final quarter of 2018. The slowdown was driven by a contraction in fixed investment, slower growth in private spending following a surge in Q4, and a weaker external sector, while robust public spending limited the slowdown. On a more positive note, wage growth in the manufacturing and services sectors comfortably outpaced inflation in Q1. Moving to Q2, growth should be fairly stable as more expansionary monetary policy shores up domestic demand. The IHS manufacturing PMI edged higher in April, on stronger business sentiment and new export orders. In other news, in mid-May the Central Bank outlined several new initiatives aimed at boosting the efficiency and liquidity of domestic financial markets, which bodes well for the private sector.
Malaysia - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Malaysia Unemployment Chart
Source: Department of Statistics Malaysia.
|Bond Yield||3.81||0.15 %||May 13|
|Exchange Rate||4.16||0.0 %||May 13|
|Stock Market||1,601||-0.29 %||May 13|
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May 16, 2019
The economy softened in the first quarter of the year, growing 4.5% in annual terms over the same quarter a year earlier.
May 11, 2019
Industrial production grew 3.1% year-on-year in March, up from February’s 1.7% growth and surpassing market analysts’ expectations of a 2.4% outturn.
May 7, 2019
The Monetary Policy Committee (MPC) of Bank Negara Malaysia reduced the overnight policy rate by 0.25 percentage points to 3.00% at its 7 May meeting, the first rate cut in nearly three years.
May 3, 2019
Exports fell 4.7% year-on-year in March in USD terms, less severely than in February when exports dropped 9.9%.
May 2, 2019
The manufacturing Purchasing Managers’ Index (PMI), which is produced by IHS Markit and Nikkei, ticked up to 49.4 in April from 47.2 in March.