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Economic Research
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2
August 2017
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Malaysia
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Economic Update
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MIER’s business conditions index (BCI) increased
further by 1.4pts to 114.1 in 2Q17, its highest level in four years, from
112.7 in 1Q. Moving forward, we expect private investment to grow
at a quicker pace of 7.7% YoY in 2017, from 4.3% last year, underpinned by
ongoing construction of infrastructure projects and a pick-up in exports. In
the same vein, Malaysian Institute of Economic Research’s (MIER) consumer
sentiment index (CSI) rose by 4.1pts to 80.7 in 2Q17, after dropping 3.8pts
to 76.6 in 1Q17, amid an improved outlook on financial and employment
expectations.
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Wednesday, August 2, 2017
Business Confidence Picks Up To 4-Year High
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