According to Bank Negara Governor Datuk Nor Shamsiah Mohd Yunus, the April to June 2019 saw faster expansion in household spending and slightly higher private investment growth.
KUALA LUMPUR: The Malaysian economic growth has surpassed expectations, after a stronger gross domestic product (GDP) growth rate of 4.9% was announced for the second quarter of 2019 (2Q19).
Earlier, a Bloomberg survey of 22 economists expected a median GDP growth of 4.7%.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
