Klang Valley MarketView 4Q 2021

  • GDP contracted 4.5% in 3Q 2021 y-o-y (3Q 2020: -2.7%), -0.3% q-o-q (2Q 2021: 16.1%). All economic sectors recorded a decline, while the manufacturing sector remained resilient with some recovery in production.
  • • Sentiments have improved with a pick-up in the Consumer Sentiment Index (CSI) to 58.2% q-o-q (101.7 points), the Business Conditions Index (BCI) to 10.9% (97 points), and the Consumer Price Index (CPI) which moderated to 122.6 points.
  • Bank Negara Malaysia projected 2021 GDP to grow between 3.0% and 4.0%, with uneven recovery across sectors.

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Klang Valley Market View 4Q 2021

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