Malaysian GDP Expands 1.4% QoQ in Q2

In the second quarter of 2013, Malaysian GDP grew at a seasonally adjusted 1.4 percent over the previous quarter, recovering from the first quarter's 0.4 percent contraction.
Joana Taborda | joana.taborda@tradingeconomics.com
8/21/2013 12:36:08 PM
While domestic demand has remained strong, the overall growth performance was affected by a weak external sector.

The central bank expects domestic demand to continue to support growth over the rest of the year, sustained by private consumption and capital spending, while the prolonged weakness in the external sector will continue to affect growth. The economy is forecast to grow in the 4.5 - 5 percent range this year.

On a year over year basis, Malaysian economy grew 4.3 percent in Q2, slightly up from 4.1 percent recorded in Q1.

Malaysian GDP Expands 1.4% QoQ in Q2



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