Malaysia's LI rises 3.8% in May 2024, economy remains resilient - DoSM


KUALA LUMPUR: Malaysia saw its leading index (LI) grew 3.8 per cent year-on-year (y-o-y) to 114.2 points in May 2024 from 110.0 points in the same period last year, according to the Department of Statistics Malaysia (DoSM).

"The growth reflected a resilient economy underpinned by increasing tourism activities and promising external demand,” chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement today.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Malaysia's private non-financial sector's credit growth moderated to 4.8% in September
US tariffs on China to have mixed impact on Asean economies - OCBC
Minox International proposes 1-for-2 bonus issue of warrants
UBS posts bigger-than-expected net profit in third quarter
China and Hong Kong stocks drop as US election risks loom
StanChart third-quarter profit more than doubles on strong wealth growth, raises guidance
Bursa Malaysia's net profit jumps 42% to RM85.74mil in 3Q as ADV climbs
FBM KLCI slides as US election jitters mount
Australian dollar stuck near three-month lows on mixed inflation data
Axis-REIT raises RM449.73mil from private placement

Others Also Read