Chief statistician Mohd Uzir Mahidin says one of the key factors in the downward shift of the Lead Index was a sharp decline in company registrations. – The Malaysian Insight file pic, September 24, 2021.
MALAYSIA’S Leading Index dropped 4% in July 2021 year-on-year to 105 points versus 109.4 points in July 2020, according to the Department of Statistics Malaysia. The LI is a predictive tool used to anticipate economic upturns and downturns for an average of four to six months ahead. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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