Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said in a statement the increase in LI was supported by the persistent increase in Bursa Malaysia industrial index, underpinned by the healthcare index and transportation and logistics index.
KUALA LUMPUR: Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated.
The Statistics Department said the LI, which is a predictive tool used to anticipate economic upturns and downturns in average of four to six months ahead, increased to 110.0 points in January 2021 from 101.7 points a year ago to record an annual growth of 8.2%.
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