Economy on recovery path as leading index rose 8.6% in Sept

Malaysia continues to chart an economic recovery despite the challenging circumstances.

KUALA LUMPUR: Malaysia's economy is expected to continue its recovery as seen in the Leading Index (LI), which increased by 8.6 per cent to 109.5 points in September 2020 compared with 100.8 points a year ago, said the Statistics Department.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the monthly change in the LI showed the same trend, rising 0.9 per cent (August 2020: - 0.5 per cent) and the growth was driven by imports of, among others, semiconductors particularly electronic integrated circuits.