Consumer Sentiment Index Malaysia
Wednesday 21 october 2020 1200.
Consumer sentiment index malaysia. Consumer sentiment index data is updated quarterly averaging 108 950 cut off pt 100 from mar 1988 to jun 2020 with 130 observations. Business confidence in malaysia decreased to 60 points in the second quarter of 2020 from 81 points in the first quarter of 2020. Consumer sentiment index data was reported at 90 100 cut off pt 100 in jun 2020. This page provides malaysia consumer confidence.
The consumer confidence index cci score for malaysia decreased 11 percentage points in the third quarter to a score of 78 the lowest score in nielsen s 10 year cci history since we started the global online survey on consumer confidence and spending intentions back in 2005 said richard hall nielsen malaysia s country manager. The survey of consumer sentiments initiated in january 1987 is a series of surveys conducted quarterly on a sample of over 1200 households in peninsular malaysia to gauge consumer spending trends and sentiments. Q1 2018 according to the conference board global consumer confidence survey which is produced in collaboration with. Consumer confidence in malaysia increased to 90 points in the second quarter of 2020 from 51 10 points in the first quarter of 2020.
The purpose of the survey is to collect information about consumer. Malaysia has placed 6th globally on the consumer confidence index cci with an index score of 115 points in q1 2019 largely in line with last quarter s score 118 points. Consumer behaviour reflects income level and general economic conditions. This records an increase from the previous number of 51 100 cut off pt 100 for mar 2020.
The monthly manufacturing ipi growth averaged out at 6 1 in 2017 slowing down to 4 8 last year and further down to 4 2 in january this year. For malaysia the slowdown in manufacturing activities is reflected in the declining industrial production index ipi. Malaysia s consumer price index cpi decreased by 1 4 per cent y o y in september unchanged from august while its producer price index ppi decreased at a faster pace of 3 9 per cent y o y. Consumer price index malaysia september 2020 the consumer price index cpi declined 1 4 per cent in september 2020 to 120 1 as against 121 8 in the same month of the preceding year.
The country posted the fourth highest y o y gain among the 64 countries measured up 11 points vs. This page provides malaysia business confidence actual.