Malaysia's economy expected to improve in near term - DoSM

KUALA LUMPUR: Malaysia's economy is expected to improve in the near term, supported by resilient domestic demand and stable labour market conditions, according to the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Mohd Uzir Mahidin said the Leading Index (LI) showed a 0.3 per cent year-on-year (y-o-y) growth to reach 110.1 points in December 2023 compared to 109.8 points in December 2022.