RHB | Malaysia | Business & Consumer Confidence Improved in 1Q, But Remains At A Weak Level

Economic Research	22 April 2016
Malaysia
Economic Highlights
Business & Consumer Confidence Improved in 1Q, But Remains At A Weak Level The Malaysian Institute of Economic Research’s (MIER) business conditions index (BCI) improved for the second straight quarter to register a gain of 5.8 points to 92.9 in 1Q 2016, after a modest gain of 0.7 point to 87.1 in 4Q. Despite back-to-back gains, the index remains below the threshold of 100 points and was still 8.1 points lower compared to a year ago, suggesting that businesses remain cautious at the start of 2016. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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