LI signalling economic uptick in forthcoming months: DOSM | Daily Express Online
Published on: Saturday, April 24, 2021 By: Bernama Text Size: Kuala Lumpur: Malaysia is heading towards an economic uptick in the coming months, based on the positive year-on-year (y-o-y) growth in the country’s Leading Index (LI) in February 2021. The leading index (LI) is a predictive tool used to anticipate economic upturns and downturns in an average of four to six months ahead. According to the Department of Statistics Malaysia’s (DOSM) “Malaysian Economic Indicators: Leading, Coincident and Lagging Indexes for February 2021” report, the LI had increased by 8.5 per cent y-o-y to ...