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
Leading Index Rose In July, But Economic Activities Likely To Grow At A Moderate Pace In The 2H 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