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Economy to expand at a slower pace in 4Q

KUALA LUMPUR, Aug 20 (Bernama) — Malaysia’s economic growth momentum is expected to expand at a slower pace in the fourth quarter (4Q) of 2018 in view of the current moderate trend, says the Department of Statistics Malaysia.

In a statement titled “Malaysian Economic Indicators: Leading, Coincident & Lagging Indexes June 2018” released today, the department said the monthly change of Leading Index (LI) recorded an increase of 0.5 per cent points to 118.4 points from 117.8 points in May 2018.

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