Malaysian Economy Grows 1.7% QoQ in Q3

In the third quarter of 2013, Malaysian GDP growth accelerated to a quarter-on-quarter seasonally adjusted 1.7 percent, up from 1.4 percent in the previous period. The significant improvement in private investment coupled with the turnaround in net exports also supported the momentum of the economy.
Department of Statistics, Malaysia | Joana Taborda | joana.taborda@tradingeconomics.com
11/15/2013 10:45:19 AM
While private consumption accelerated to 2.7 percent (2.5 percent in the previous quarter), government expenditure declined 4.7 percent, due to lower spending on supplies and services.

Gross fixed capital formation climbed to 3.9 percent from 0.4 percent in the preceding quarter.

Exports and imports expanded 3.8 percent and 0.6 percent, respectively. 

Year-on-year, the economy accelerated for the third straight quarter to 5 percent, led by higher production in services, manufacturing and construction.

Malaysian Economy Grows 1.7% QoQ in Q3



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