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Moody s Analytics expects global GDP to rebound to 5 7% in 2021

Malaysia s economic recovery affected by surge in Covid-19 cases

Malaysia’s economic recovery is expected to be affected by the latest surge in Covid-19 infections that triggered a two-week lockdown, from June 1-14, 2021.

Risk to consumption, employment to be more prolonged

With restrictions expected to be eased even more gradually than previously assumed, there is an increasing risk that the hit to consumption and employment will be more prolonged, Moodys Analytics said.On the production side too, labour .

Welcome To IANS Live - BUSINESS - Risk to consumption, employment to be more prolonged

On the production side too, labour shortages and sourcing constraints are impediments which will not only weaken domestic supply, but also exacerbate costs and fuel inflation pressures in the short term, it added. Unde

Lockdowns eased gradually: Risk to consumption, employment to be more prolonged, says Moody s

Lockdowns eased gradually: Risk to consumption, employment to be more prolonged, says Moody s
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