Uptick in business and consumer sentiments

MIER's Nambiar forecast the Malaysian economy to expand moderately within the range of 4.3% to 4.6% in 2024.

PETALING JAYA: While business and consumer sentiment in Malaysia showed signs of recovery in the fourth quarter of 2023 (4Q23), both continued to have a guarded outlook on the economy ahead, according to a local think-tank.

The Malaysian Institute of Economic Research (MIER) said the Consumer Sentiments Index (CSI) in the final three months of 2023 has shown a positive trend, rebounding from its lowest point in 3Q23.