Malaysia set to beat Moody’s GDP forecast


KUALA LUMPUR: Malaysia’s gross domestic product (GDP) for 2014 is set to exceed Moody Analytics’ forecast of 5.3% as technology production and the construction sector are helping to offset a slowdown in the energy sector.

Moody’s Analytics, in its report yesterday, said industrial production, which registered a strong finish in 2014, posed upside risk to its fourth-quarter Malaysian GDP forecast results due today.

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