Accumulated fixed asset investment up 2.8% to RM5.4 trillion in 2022

Chief statistician Uzir Mahidin says the growth in net capital stock is in line with the recovery of gross fixed capital formation in 2022.

Gross capital stock refers to the total value of physical assets, such as buildings, machinery, equipment, and infrastructure, owned by individuals, businesses, or the government. These assets are used to produce goods and services in the economy. Chief statistician Uzir Mahidin said the growth is in line with the recovery of gross fixed capital formation , which rebounded to grow 6.8% in 2022, after a marginal decrease of 0.8% in the previous year.

“Overall, all economic sectors recorded positive growth except for mining and quarrying, which experienced a marginal 0.02% contraction, an improvement from the previous year, which contracted 0.3%,” he said.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia' accumulated fixed asset investment up 2.8% to RM5.4 trillion in 2022HANGZHOU: Malaysia contingent have hit the 27-medal target with four days of competition remaining at the Hanzhou Asian Games, thanks to kata exponent Lovely Anne Robberth.
Source: staronline - 🏆 4. / 75 Read more »

Stats Dept: Malaysia’ accumulated fixed asset investment up 2.8pc to RM5.4t in 2022KUALA LUMPUR, Oct 5 — Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), rose 2.8 per cent to RM5.4 trillion in 2022, the Department of Statistics...
Source: malaymail - 🏆 1. / 86 Read more »

Stats Dept: Malaysia’s accumulated fixed asset investment up 2.8pc to RM5.4t in 2022KUALA LUMPUR, Oct 5 — Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), rose 2.8 per cent to RM5.4 trillion in 2022, the Department of Statistics...
Source: malaymail - 🏆 1. / 86 Read more »