Monday, September 29, 2014

RHB | Malaysia | Leading Index Rose In July, But Economic Activities Likely To Grow At A Moderate Pace In The 2H, 29 Sept 2014

Economic Research
29 September  2014
Malaysia

Economic Highlights




The Leading Index (LI), which provides an early signal of the direction of the economy, reversed into a gain of 1.2% m-o-m in July, compared with -0.4% in June and -0.3% in May. Correspondingly, y-o-y, the leading index rose to +1.6% in July, from +0.8% in June. Despite a faster increase in July’s leading index, it remained modest, suggesting that economic activities will likely expand at a more moderate pace in the months ahead, following a stronger growth in the 2Q.

Economist:  Peck Boon Soon  | +603 9280 2163
Economist:  Shafizal Shafaai  | +603 9280 2179

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