KUALA LUMPUR, Nov 25 –– Malaysia’s leading index (LI) remained positive in September 2024, recording a 1.8 per cent annual growth to reach 111.5 points versus 109.5 points in...
Chief statistician Datuk Seri Mohd Uzir Mahidin said this 10-month consecutive positive performance since December 2023 shows Malaysia’s continuous economic growth. –– Picture by Yusof Mat IsaRM10 bonusKUALA LUMPUR, Nov 25 –– Malaysia’s leading index remained positive in September 2024, recording a 1.8 per cent annual growth to reach 111.5 points versus 109.5 points in the same month a year ago, said Statistics Department Malaysia .
“The Bursa Malaysia Industrial Index was the main contributor to this increase, rising by 30.4 per cent,” he said in a statement today. “Looking at the smoothed long-term trend in September 2024, the LI consistently exceeded 100.0 points, indicating that the Malaysian economy is expected to continue growing, backed by optimistic domestic economic performance,” he said.
On the current economic performance, he said the coincidence index also experienced an annual 1.3 per cent rise to reach 125.6 points versus 124.0 points a year ago.
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