Increase in Leading Index indicates Malaysian economy’s growth momentum intact

The Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes for April 2024 indicates significant turning points in the business cycle and the direction of the country’s economy in the near term.

“After a marginal decline of 0.5% in March 2024, the monthly change of LI bounced back by 0.8% in April 2024. Looking at the trend in April 2024, the LI remained above 100 points, reflecting continued economic growth in the coming months supported by robust domestic demand and a sustainable expansion of the Manufacturing and Services sectors.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Diesel subsidy rationalisation due to 10-fold increase in cost to Malaysian government: finance minister IIThe decision to rationalise diesel fuel subsidy in Malaysia was due to the cost to the government, which had increased by 10 times in just five years, The Star reported. The Malaysian government had paid …
Source: paultan - 🏆 22. / 51 Read more »