Malaysian economic growth seen easing


Chief statistician Datuk Seri Mohd Uzir Mahidin(pic) said five out of the seven LI components contributed to the increase, with the highest contribution from real imports of semiconductors at 0.5%.

KUALA LUMPUR: Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019, in view of the current moderate trend, according to the Department of Statistics Malaysia.

In a statement titled “Malaysian Economic Indicators: Leading, Coincident and Lagging Indexes June 2018” released yesterday, the department said the monthly change of Leading Index (LI) increased by 0.2% to 118.6 points from 118.4 points in June 2018.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

Business , economy , growth , slower , pace , GDP , Mohd Uzir ,

   

Next In Business News

Capital A's aviation segment records 90% load factor, 15.4 mln passenger volume in 1Q
QSR Brands confirms temporary closure of KFC outlets amid economic challenges
BNM partners MoF to host GFIEF with 'resilient global Islamic economy' theme
CIMB Group achieves Forward23+ targets despite external uncertainties
MBSB proposes change of name to MBSB Bhd
Ringgit unchanged vs greenback due to wait-and-see mode
Saudi-based ACWA Power keen on investing over US$10bil in Malaysia
Bursa Malaysia to close for Labour Day
Singapore’s Hildrics Capital increases stake in GIIB
AirAsia X achieves 83% passenger load factor in 1Q24

Others Also Read