According to MIER, its Business Condition Index, which tracks domestic manufacturing activities, gained 2.6 points on-year but fell 15.6 points from Q2 of 2013.
KUALA LUMPUR: The Malaysian Institute of Economic Research’s (MIER) released Tuesday its business condition survey for the third quarter of 2013, which pointed to a contraction in the manufacturing sector.
It said the sluggish outlook was expected to continue into the fourth quarter, on a quarterly basis.
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