Malaysia to see favourable growth for Feb-Apr period

PETALING JAYA: Malaysia's economy is expected to register a favourable growth between February and April 2018, with economic indicators showing improvements.
The Department of Statistics said the positive projection is due to the Diffusion Index for the Coincident Index (CI), which measures the current economic activity, has reached 100% while the Leading Index (LI), which monitors economic performance in advance, remained at 85.7%.
The LI grew 0.2% to 120.1 points in October from 119.9 points in September, mainly induced by real money supply, M1 (+0.4%) and the number of new companies registered (+0.3%).
The CI, meanwhile, expanded 0.5% in October, driven by the increases in volume index of retail trade (+0.4%), real contributions to EPF (+0.1%) and capacity utilisation in manufacturing sector (+0.1%).