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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
MalaysiaMalaysia Coincident Index MoM fell to -0.3% in May 2026
FMPMonthlyReleased July 2026
Malaysia Coincident Index MoM fell to -0.3% in May 2026, released July 2026, down 1.2% from April's 0.9% reading. The reading missed the 0.5% consensus by 0.8%. The print is running well below the 12-month average of 0.23%. Over the past 3 months, Coincident Index MoM averaged 0.85%, vs -0.17% in the prior 3-month window. The reading is in the 26th percentile of the trailing 24-month range.
Latest Release
-0.3
Actual
0.5
Consensus
0.9
Previous
Median Absolute Error
±0.4 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 0.8
Actual: -0.3
Error: +1.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.62 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.44 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Coincident Index MoM (Malaysia) was reported at -0.3% in July 2026. This missed the market consensus of 0.5% by 0.8%. The reading fell from the previous value of 0.9%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.41%, ranging from -0.6% to 1.2% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 0.47%, down from the prior three at 0.49%. Volatility over the past year (σ 0.55%) is lower than the prior year (σ 0.79%). In July readings over the past 3 years, Coincident Index MoM has averaged 0.07%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.4%.
WHAT TO WATCH NEXT
The next release is scheduled for August 24, 2026. Same-country events in the next 14 days include Gross Domestic Product YoY (Aug 14).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Coincident Index MoM - MY
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About Coincident Index MoM — Malaysia
DEFINITION
The Coincident Index MoM (Month-over-Month) is a key economic indicator that measures the current state of the economy by tracking changes in four major components: employment, industrial production, personal income, and retail sales. It provides valuable insights into the overall health and direction of the economy, as well as potential shifts in consumer spending and business activity. This index is widely used by economists, policymakers, and investors to make informed decisions and predictions about the economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -0.3 %, consensus 0.5 %. Prior reading (Apr 2026): 0.9 %. Before that (Mar 2026): 0.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.62) — a useful reference for commodities-focused traders.
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EXPECTED ZONE
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