RHB expects Malaysia's IPI momentum to re-accelerate in 2024


KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) expects Malaysia’s Industrial Production Index (IPI) momentum to resume accelerating in 2024, in tandem with rosier trade prospects and improved investment appetite.

The research house also foresees more signs of recovery in export performance in the first half of 2024 (1H 2024), while the rising capital goods imports also point to potential growth in manufacturing activities in the upcoming months.

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