"Dream - The Central Statistics Agency (BPS) released the economic growth trend of countries in Southeast Asia or ASEAN in the second quarter of 2024. The Deputy for Balance and Statistical Analysis of BPS, Moh. Edy Mahmud, noted that economic growth in Malaysia reached 5.8 percent year on year (yoy)."

Edy stated that this trend of economic growth is in line with the IMF's projections from last July, which forecast that global economic growth in 2024 will remain stable. Meanwhile, for developing countries, the economy is expected to slow down compared to 2023, but it will still be higher than the global achievement.

"Then, the purchasing power of the community is maintained, as indicated by the increase in the retail sales index which grew by 1.14 percent year on year. In line with this, domestic motorcycle sales increased by 4.21 percent year on year. Public mobility has also increased, as indicated by the rise in the number of passengers across all modes of transportation, he said."