ADVERTISEMENT

Malaysian economy to keep growing over next few months - Statistics Dept


After being in negative territory for most of 2016, the Leading Index, which is used to forecast future economic performance, turned positive in January and February.

After being in negative territory for most of 2016, the Leading Index, which is used to forecast future economic performance, turned positive in January and February.

KUALA LUMPUR: The Malaysian economy is expected to continue expanding four to six months ahead based on the annual change of the Leading Index (LI), said the Statistics Department.

It said in a statement that the annual (year-on-year) change of LI, which monitors the economic performance in advance, rose to 0.8% in February from 0.5% in the previous month.

Economy , Statistics Department

   

ADVERTISEMENT