Malaysia’s economic outlook positive in the months ahead | The Malaysian Insight

Malaysia’s economic outlook positive in the months ahead

The Department of Statistics Malaysia says the expansion of the country’s leading index in May was mainly due to the increment in real imports of other basic precious and other non-ferrous metals, driven by the encouraging demand for platinum-based imports. – The Malaysian Insight file pic, July 25, 2022.

The LI is a predictive tool used to anticipate economic upturns and downturns in an average of four to six months ahead. Chief statistician Mohd Uzir Mahidin said the expansion of the LI was mainly due to the increment in real imports of other basic precious and other non-ferrous metals, driven by the encouraging demand for platinum-based imports.

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