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Economy and Business

Malaysia economic data released last week

Economic data shows more encouraging consumer spending. Retail trade sales rose by +7.1%yoy in Mar-24, marking the fastest

Economic data shows full employment continued with the unemployment rate remaining at a post-pandemic low of 3.3% in Mar-24 as the labour force and employment grew steadily by +1.7%yoy and +1.9%yoy respectively.

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Industrial production remained expansionary. IPI extended its expansionary growth into the 3rd consecutive
month, advancing +2.4%yoy in Mar-24 (Feb-24: +3.1%yoy).

There are more encouraging consumer spending. Retail trade sales rose by +7.1%yoy in Mar-24, marking the fastest
growth since May-23.

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Table of Contents

economic data, imf, Consumer confidence, 15pct pay hike
Consumer confidence rises as inflation dips to 20yr-low in Malaysia
economic data, opr, USD/MYR Forecast, economic surge, declining Ringgit, inflation, Stock Market, Ringgit weakened, BNM
BANK NEGARA AND THE RINGGIT

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