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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
MalaysiaMalaysia Construction Output YoY climbed to 8.8% in April 2026
FMPMonthlyReleased August 2026
Malaysia Construction Output YoY climbed to 8.8% in April 2026, released August 2026, up 0.3% from March's 8.5% reading. The print exceeded the 4.0% consensus by 4.8%. The print is running well below the 12-month average of 14.15%.
Latest Release
8.8
Actual
4
Consensus
8.5
Previous
Median Absolute Error
±5.95 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 4
Actual: 8.8
Error: -4.8
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 |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Construction Output YoY (Malaysia) was reported at 8.8% in August 2026. This beat the market consensus of 4% by 4.8%. The reading rose from the previous value of 8.5%. Trailing 12-month context per ETL data through August 2026.
WHY IT MATTERS
The trailing three releases averaged 9.2%, down from the prior three at 13.37%. In August readings over the past 3 years, Construction Output YoY has averaged 13.97%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 5.95%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Sep 18) and Inflation Rate MoM (Sep 18).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Construction Output YoY - MY
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About Construction Output YoY — Malaysia
DEFINITION
Construction Output YoY (Year-over-Year) is a financial indicator that measures the change in the total value of construction projects completed in a given period compared to the same period in the previous year. It provides valuable insights into the growth or decline of the construction industry and can be used to assess the overall health of the economy. This indicator is closely monitored by investors, policymakers, and analysts to make informed decisions about the construction sector and its impact on the broader economy.
WHY THIS INDICATOR MATTERS
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. 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 (Apr 2026): actual 8.8 %, consensus 4 %. Prior reading (Jan 2026): 8.5 %. Before that (Oct 2025): 10.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
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