The leading index for Malaysia, which measures the future economic activity, dropped in August after rising in the previous two months, survey data from the Department of Statistics showed Friday.
The leading index fell by 0.9 percent monthly to 117.6 in August from 118.7 in July. In June, the index was at 117.6.
Among the components, expected sales value in manufacturing sector decreased 0.4 percent and number of housing units approved went down by 0.9 percent.
Meanwhile, the coincident index that reflects the current economic activity, climbed to 121.9 in August from 120.7 in the preceding month.
The lagging index, which is an indicator of past economic activity, came in at 142.0 in August, up from 141.9 in July.
Citing the data, the agency said it expects the Malaysian economy to continue to grow at a slower rate in the coming months.
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