Malaysia's 3Q GDP grows at faster pace of 14.2%


KUALA LUMPUR: Malaysia's gross domestic product (GDP) expanded 14.2% year-on-year in the third quarter of the year, which was a stronger pace than what most economists predicted amid the country's continued recovery on strong domestic demand.

The growth in the country's third-quarter GDP beat the median forecast of 11.7% in a Reuters survey of economists and was up from 8.9% in the preceding quarter.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Bank Negara , GDP , inflation , growth

   

Next In Business News

Sime’s bold rebrand signals modern focus
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Robust economy to boost banking
Schooling kids on money use
Stingless bee honey causing a buzz
Boxed-in markets seek safety
MSC posts RM14mil net profit in third quarter
Strained by lack of positive catalysts
GST revival off the table as government expands the SST
The spirit of enterprise

Others Also Read