Index shows Malaysia heading for slower growth


PETALING JAYA: It is clear that Malaysia's economy is heading towards a slower growth momentum, as suggested by the latest reading of the country's Leading Index.

The Leading Index, which gauges the country's economic activity and direction in the months ahead, registered its slowest growth rate in eight months at 0.7% year-on-year for November 2011, after a growth of 2.4% year-on-year in the preceding month.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil climbs after Israel strikes Gaza, truce talks continue
Overcapacity talk won't affect MNCs' commitment
Nintendo expects to sell 13.5 mln Switch units this year
M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue
Saudi Aramco maintains dividend despite lower net income in Q1
Pekat unit in negotiations over purchase of stake in electrical power solutions firm
Asia shares rise on rate cut bets; Aussie slips on RBA
UBS reports first profit since taking over Credit Suisse
Amazon to spend nearly US$9bil to expand cloud infra in Singapore
FBM KLCI pushes past 1,600

Others Also Read