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Malaysia’s leading index remains stable at 109.5 points in July

KUALA LUMPUR, Sept. 22 (Xinhua) — Malaysia’s leading index (LI) which predicts the economic direction on average of four to six months ahead, remained stable by registering 109.5 points in July, as compared to 105.2 points a year ago.

This corresponds to LI growth of 4.1 percent year-on-year, lower than 5.3 percent in June, the Department of Statistics Malaysia (DOSM) said in a statement.

Real imports of