Xinhua, Kuala Lumpur :
The Malaysian economy is expected to expand at a slower rate in the next four to six months ahead, the statistics department Monday said based on the performance of Malaysian economic indicators in May.
The department said in a statement that the monthly change of leading index (LI) showed a negative growth of 1.1 percent to 117.8 points in May from 119.1 points as recorded in April.
This was mainly due to the 0.5-percent decrease in the number of new companies registered, it added.
The annual change of LI also registered a decrease of 0.7 percent in the same month as against 1.4 percent in April, it said.
