Malaysia’s GDP Growth Surprises as Recovery Accelerates
Bloomberg reports Malaysian economy expanded 4.2% in first quarter, surpassing estimates. Forward-looking indicators point to continued growth.
Malaysia’s economy grew faster than initially estimated in the first quarter, driven by private spending and a rebound in exports. Gross domestic product expanded 4.2% in the January-March period, according to Malaysia’s central bank and statistics department in a joint briefing Friday. That’s higher than the 3.9% advance estimate as well as the median forecast in a Bloomberg survey. On... ...
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