Mier: Consumer sentiment still weak

The Business Conditions survey stated that Malaysian manufacturers were upbeat enering into the first quarter of the year, with the Mier Business Conditions Index (BCI) registering 112.7 points during the quarter, its highest in the past 10 quarters. The index rose by 31.5 points during the the quarter, reflecting optimism towards the economic environment in 2017, Mier said.

PETALING JAYA: Recent surveys conducted by the Malaysian Institute of Economic Research (Mier) have found that although Malaysian manufacturers are highly optimistic about the year ahead, consumer sentiment has remained weak despite a slight improvement.

The Business Conditions survey stated that Malaysian manufacturers were upbeat entering into the first quarter of the year, with the Mier Business Conditions Index (BCI) registering 112.7 points during the quarter, its highest in the past 10 quarters.