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Malaysia – Dec leading index
24/02/2017 02:01 pm MYT
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In Dec, the leading index picked up 0.9%, month-on-month, lifting the 6-month smoothed growth rate to 1.0%, the highest rate over the past 20 months - see figure 1. On the other hand, the coincident index, which measures the current economic activity, rose 0.2%, month-on-month, primarily influenced by higher industrial production, employment in manufacturing sector, and retail trade volume. The lagging index also edged up 0.9%, month-on-month, lifting its 6-month smoothed growth rate to 5.9%.

In Dec, the diffusion index for the leading index remained at 42.9% while that of the coincident index was down to 83.3%. In the next 6-9 months, the Malaysian economy is expected to show moderate signs of growth.

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
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