The nation is likely to start recovering from the current recession early next year with last month's leading economic indicators seen rising for the second consecutive month, a report said yesterday.
The index of leading indicators, which gauges economic activity for the next three to six months, is expected to be higher than the 95 points recorded in October, the nation's top economic planners were quoted by the local media as saying.
Last month's composite indicator index measuring economic conditions during the month is expected to rise one point to 10 points from a month earlier, said officials from the Council for Economic Planning and Development (CEPD).
However, the index is expected to remain at recessionary levels during the month.
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