World Economy

Malaysia Economy to Expand

Malaysia Economy to ExpandMalaysia Economy to Expand

 The economy in Malaysia is expected to continue expanding in the next four to six months, with the annual change of Leading Index increasing 0.8% in February this year, says the statistics department, MNA reported. In a statement, the department said the annual change of LI, which monitored the economic performance in advance, increased 0.5% in January 2017. “However, the monthly change of LI registered a decrease of 0.9% in the reference month, due to the number of new companies registered (-1.0%) and expected sales value in the manufacturing sector (-0.8%),” it said. Meanwhile, the Coincident Index, which measures the current economic activity, rose 1.3% in February.

Add new comment

Read our comment policy before posting your viewpoints