The Business Conditions Survey was first mounted in the second quarter of 1987 to provide input for the Institute's economic forecasting activity. It is conducted on a quarterly basis to assist in assessing the short-term outlook for the economy. The survey findings are used to supplement the availability of quantitative information from conventional sources. A Business Conditions Index is constructed from the survey results which gives advance information that permits inferences to be drawn regarding emerging economic trends.

The survey covers a sample of over 350 manufacturing businesses incorporated locally and foreign manufacturing concerns operating in Malaysia, covering 11 industries. Questions posed in the survey questionnaire are on key determinants such as production level, new order bookings, sales performances, inventory build-up and new job openings. Reports of the survey findings are published two weeks after the end of each quarter.

bci 3rd Quarter 2013

BUSINESS CONDITIONS DETERIORATE

  • BCI slides to 98.6
  • Sales slightly lower
  • Unexciting local and external orders
  • Draw down in output

bci 2nd Quarter 2013

TRENDING UP

  • Index settles higher at 114.2 points
  • All eight components of the BCI increase
  • Expect higher production and local sales over the next three months
  • Inventories lower

bci 1st Quarter 2013

SENTIMENTS EASED

  • BCI slides to 92.6 points
  • Sales decline
  • Unexciting local orders, slight improvement in external orders
  • Domestic prices climbing

bci 4th Quarter 2012

ENDING ON A WEAKER FOOTING

  • BCI lowest in 3 years at 94.1
  • Sales growth falters further amidst weakening local and export orders
  • Production flat, inventories building up
  • Muted hiring activities
  • Somewhat brighter prospects in the months ahead

bci 3rd Quarter 2012

IN CONTRACTIONARY MODE

  • BCI dives below threshold to settle at 96.0
  • Flagging sales growth
  • Production drops further as new local and export orders dwindle
  • Capital spending dips sharply
  • Near-term expectation remains dim

bci 2nd Quarter 2012

STILL POSITIVE, BUT GROWING SLOWER

  • BCI falls 5 points to settle lower at 111.5 points
  • Sales still expanding, on the back of strong domestic demand
  • Production easing, inventories piling up
  • Unfavorable outlook for sales and production

bci 1st Quarter 2012

AN ASTONISHING REBOUND

  • BCI rebounds 19.9 points to settle at 116.5
  • Sales, new local and foreign orders accelerate
  • Production grows moderately, inventories contract
  • Expect higher production and sales over the next three months

bci 1st Quarter 2011

AN ASTONISHING REBOUND

  • BCI rebounds 19.9 points to settle at 116.5
  • Sales, new local and foreign orders accelerate
  • Production grows moderately, inventories contract
  • Expect higher production and sales over the next three months

bci 3rd Quarter 2011

STILL EXPANDING BUT SLOWER

  • Index 9.5 points lower at 104.5 points
  • Sales, production and new export orders lower
  • New local orders and capacity utilization stable
  • Expect lower production and export sales over next three months

bci 2nd Quarter 2011

DISMAL FOLLOW-THROUGH REBOUND

  • Index marginally higher at 114 points
  • Sales lower, new export orders stable
  • New local orders higher
  • Production higher
  • Expect lower production and export sales over next 3 months