Malaysia’s leading economic index edged up 0.1% month-on-month in May 2025, significantly easing from the fastest rise in four months of 0.8% in the previous month while marking the third consecutive monthly gain. Three out of seven components declined, including real imports of semiconductors (-0.3% vs 0.3% in April), the Bursa Malaysia Industrial Index (-0.3% vs -0.1%), and expected manufacturing sales value (-0.1% vs 0.03%). At the same time, new company registrations eased (0.2% vs 0.4%), as did real imports of other basic precious & other non-ferrous metals (0.04% vs 0.3%). On the upside, housing unit approvals rebounded (0.5% vs -0.005%), along with real money supply (0.1% vs -0.1%). On a year-on-year basis, the leading index was flat, after a 0.6% gain in April. Meanwhile, the coincident index, which reflects current economic conditions, was down 0.1%, after a revised stagnation in April.