◆ The Malaysian Institute of Economic Research’s (MIER) business conditions index (BCI) fell by 14.7 percentage
points to 104.9 in the 3Q, after falling by 4.4 percentage points in the 2Q (see Chart 1). This was the second
consecutive quarter of decline after reaching the peak in the 1Q, suggesting that businesses have become less
upbeat, in view of prospects of a slowdown in the global economy that could affect business activities in the months
ahead. As it stands, the slowing global economic growth has become more wide spread since the 2Q. Also,
Malaysia’s exports slowed down for the fifth consecutive month in August, while industrial production slackened to
the slowest pace in eight months in July, before bouncing back slightly in August.
Economic Highlights - Business Conditions Weakened But Consumer Sentiment Improved In The 3Q - 20/10/2010
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