Malaysia's LI up 5.3% y-o-y in June 2022, economy signals confidence towards further growth

KUALA LUMPUR: Malaysia's leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 (111.3 points), said the Department of Statistics Malaysia (DoSM).

DoSm said the increase was mainly backed by the increment in real imports of other basic precious and other non-ferrous metals driven by the import of platinum-based metals and influenced by the low base effect from the previous year (June 2021: 106.1 points).