Leading index down 0.9% in July

KUALA LUMPUR: The Leading Index (LI) for July 2023 anticipates a modest economic improvement, standing at -0.9% and reaching 109.0 points. This is an improvement from the -2.1% recorded in June 2023.

The Statistics Department (DOSM), in a statement, said the improvement was supported by a significant increase in the number of housing units approved (200.8%).