An economy in good hands

Strong made during home direct in 2nd quarter

What a 5.4% growth means. we was watchful for Anwar Ibrahiim to belittle Najib Razak's administration department over a 5.4 per cent GDP growth. He didn't because as a former Minister of Finance, he substantially knew which Malaysia's second entertain enlargement is no small feat. While five-point-four is not just a whopper by a tall standards Dr Mahathir had set in order to grasp a 2020 grown nation status, it is a more-than-decent performance, indeed. Most governments this week could not convey a same kind of great headlines to their people. Singapore reported a 0.7 per cent contraction for a same quarter, a only great headlines was which it was better than it had feared. Japan grew 1.4 per cent, signalling a slowdown.The European economies are still paying dearly for all sorts of mistakes - things will get worse prior to they get better.

There were more great tidings. According to a Economics Malaysia blog, a acceleration rate is additionally decelerating.

"The overall index is down, core acceleration increasing slightly upon a month, though was offset by a diminution in a pain index. In fact a annual rate of enlarge in food as well as transport prices is right away during its slowest pace in more than two years (since ! March 20 10)." - Jul 2012 CPI: Still Retreating

Yes, we a adults of Malaysia would still like cheaper education, cheaper petrol, as well as cheaper cars. But speak has additionally become even cheaper right away which we know for sure which a manage to buy is in very great hands.