THE findings of Malaysian Institute of Economic Research's (MIER) sectoral survey for the second quarter this year were mixed, with growth in the tourism and automotive indices, and decline in the retail trade and residential property indices.
Arresting the tsunami-induced drop in the first quarter this year, the Tourism Market Index inched up 2.4 percentage points from the preceding quarter to 125.1 in the second quarter, but was still weaker by 9.7 percentage points year-on-year.
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