Malaysia's economy is expected to continue growing positively in the first half of 2017, data from the Department of Statistics revealed Friday.
The leading index, which monitors the economic performance in advance, grew 0.7 percent in January from the prior month.
The increase was underpinned by expected sales value in manufacturing, Bursa Malaysia industrial index, number of new companies registered and real imports of semi conductors.
The coincident index that measures the current economic activity, dropped 0.6 percent in January. The components that registered the biggest decrease were real salaries and wages in manufacturing and capacity utilization in manufacturing.
On a yearly basis, the leading index rose 0.2 percent, reversing a 0.4 percent fall in December. On the other hand, the coincident index growth halved to 1.6 percent from 3.2 percent.
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