KUALA LUMPUR: The economy is anticipated to see healthier prospects in the near future, as the leading index (LI) rebounded 0.6% in September 2021 against negative 2.3% in August, according to the Statistics Department.
In a statement yesterday, chief statistician Datuk Seri Mohd Uzir Mahidin said the rebound of the LI can be attributed to the relaxation of economic restrictions in line with the transitional phases of the National Recovery Plan (NRP).
“The LI recorded an increase of 0.6% to 110.5 points in September as compared to 109.8 points in the same month of the preceding year, after a decrease of 2.3% in August. “The expansion of the LI was primarily backed by the increment in real imports of semiconductors, driven by the encouraging demand of electronic integrated circuits.”
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