Positive news Malaysia. Inflation. Economic Growth. Jobs.

Positive news Malaysia. Inflation. Economic Growth. Jobs.

Positive news versus negative news, differences in views

Usually, when I write about positive things, the total views would be lower versus the times when I write about negative things. let’s see if this article is the same. Come on, sometimes we just have to also celebrate the fact that there are a lot of positives too and not just all dark, gloomy and negative. For people of any country, the there are three things everyone needs.

Low inflation so that they could still buy things they love. They could buy a proper home for roof over their head or at least be afford to rent a place. The economy is also still growing so that business condition is good and this will contribute to creation of jobs. In other words, the unemployment numbers should be as low as possible. More people with jobs equal to more people with income and thus more demand for goods and services too.

Let’s look at just these three items below:

Malaysia’s Inflation Numbers are healthy aka low at 1.3 percent

Economic Growth for Malaysia is still resilient despite current global trade tensions

Unemployed numbers are still low. 3 percent meant full employment actually.

I am not part of the government and I receive no payments yeah

It’s important for all media (if they call themselves media) to report things as it is versus trying to pro or anti the government. You can read all the CPI data over the years. If they are high, they are high. If they are low, they are low. It has nothing to do with a number which the government likes etc.

GDP growth numbers above are from International Monetary Fund (IMF). Read a bit more and you realize IMF’s views do not usually correspond with everything our government says. However, they acknowledge that we are doing well enough versus the world today. That’s good lah.

Last but not least, continue to look at all Department of Statistics Malaysia (DOSM) data which is available. I would hope that the data can be as recent as possible but generally, the data reflects the market. Period. There is no need for DOSM to report something out of the ordinary and then having to adjust it later on. A spade is a spade. A growth is a growth. Thank yoU DOSM!

Happy reading and of course feel free to believe what you like to believe too. I am very sure everyone can find articles which fits their perspectives too.

Happy reading!

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