Insight - Can the turbocharged 2Q GDP be sustained?


Lee Heng Guie SERC

WITH the reopening of the economy and international borders amid transitioning into an endemic phase, robust domestic demand, especially private consumption and continued exports, have delivered an exceptional 8.9% year-on-year (y-o-y) real gross domestic product (GDP) in the second quarter of 2022 (2Q22) (5% in 1Q22).

On a monthly compilation, real GDP grew by 5.6% y-o-y in April, 5% y-o-y in May before expanding robustly by 16.5% y-o-y in June, largely boosted by a low base effect in June 2021 as a result of the implications of the movement control orders.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


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!
Malaysia , ecnomy , recesson , Lee Heng Guie , Serca ,

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In