新2查账网址(www.hg108.vip):IPI posts big rise in June
Sunway University economics professor Yeah Kim Leng told StarBiz that June’s IPI “has surprised on the upside and lifted the industrial output in the second quarter to a strong 6.9% y-o-y increase, up from 4.5% in the previous quarter.”usdt官网(www.trc20.vip)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。
KUALA LUMPUR: Economists have cautioned that domestic and global economic headwinds could result in Malaysia’s industrial output growth slowing down in the second half of 2022.
This is despite the country’s industrial production index (IPI) recording year-on-year (y-o-y) double-digit growth in June 2022.
Sunway University economics professor Yeah Kim Leng told StarBiz that June’s IPI “has surprised on the upside and lifted the industrial output in the second quarter to a strong 6.9% y-o-y increase, up from 4.5% in the previous quarter.”
Yeah pointed out that manufacturing continued to gather strength, expanding by 9.3% in the second quarter from 6.3% in the first quarter while the electricity sector, reflecting higher services and production activities, rose to 5.8% from 3.7%.
“With manufacturing and services accounting for slightly over 80% of gross domestic product (GDP), the strong industrial performance affirmed the strengthening economic recovery in the second quarter following the lifting of most pandemic restrictions on April 1,” he said.
“The continuing improvement in the IPI suggests that GDP growth in the second quarter will likely hit 6% or higher,” added Yeah.
,,新2查账网址(www.hg108.vip)提供新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,皇冠新2网址,新2管理网址,新2网址大全,hg0088.com,hga038.com,同时开放新2信用平台查账功能.
Centre for Market Education (CME) CEO Carmelo Ferlito told StarBiz that the June IPI data is good and can be a source of optimism.
However, he expects Malaysia’s monthly industrial output growth to taper off gradually towards the year-end, with the global economy cooling sharply due to the Russia-Ukraine war, slowdown in China due to Covid-19 restrictions and aggressive monetary tightening in the United States and Europe.
“IPI growth may ease to 4% to 5% as the global economy cools in the second half,” said Yeah.
Meanwhile, Centre for Market Education (CME) CEO Carmelo Ferlito told StarBiz that the June IPI data is good and can be a source of optimism.
However, Ferlito noted that the latest 2022 IPI data needs to be read under the right perspective, as 2021 was a year characterised by the longest lockdowns.
“These signals are positive but need to be considered also as a starting point within a context of a fragile recovery. Malaysia will not be exempted from the post-Covid inflationary crisis which was predicted by CME as early as May 2021,” he said.
Ferlito added that brave measures such as a cut in government spending was very much needed and will have a contraction effect, but was absolutely necessary to put the country on the path of sustainable growth.
网友评论
哭笑⒏能做迬í
回复贼棒,看得揪心啊
澳门百家乐软件
回复@哭笑⒏能做迬í
眼睛看酸了
新2手机管理端网址
回复Top actives were CSH unchanged at seven sen, Metronic up 1.5 sne to 15.5 sen and Serba Dinamik flat at 10.5 sen.人物很有特点
我是大众女神经!
回复作者经历了啥