Stats Dept: Malaysia’s Leading Index rises to 111.3 points in Nov 2021, signalling positive economic recovery | Malay Mail

25/1/2022 8:56:00 AM

Stats Dept: Malaysia’s Leading Index rises to 111.3 points in Nov 2021, signalling positive economic recovery | Malay Mail

Stats Dept: Malaysia’s Leading Index rises to 111.3 points in Nov 2021, signalling positive economic recovery | Malay Mail

KUALA LUMPUR, Jan 25 ― Malaysia’s Leading Index (LI) performance remained positive in November 2021, rising to 111.3 points from 109.4 points in November 2020 as the economy gradually recovered from the Covid-19 disruptions, said the Department of Statistics Malaysia (DoSM). Chief statistician...

channel for the latest updates.KUALA LUMPUR, Jan 25 ― Malaysia’s Leading Index (LI) performance remained positive in November 2021, rising to 111.3 points from 109.4 points in November 2020 as the economy gradually recovered from the Covid-19 disruptions, said the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Mohd Uzir Mahidin said this was mainly contributed by the growth in the Number of Housing Units Approved.The LI is a predictive tool used to anticipate economic upturns and downturns in an average of four to six months ahead.

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