Economic and Financial Developments in the Malaysian Economy in 3Q2019
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| The Malaysian economy expanded by 4.4% in the third quarter |
Key Highlights
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Services and manufacturing sectors continued to support growth
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| Headline inflation increased to 1.3% in 3Q 2019 |
Growth prospects continue to be largely supported by domestic demand
- Continued private sector spending
- Recovery in commodity production & operationalisation of new facilities
- Resumption of large transportation projects
Going forward, materialisation of downside risks could weigh on growth prospects
- Further escalation in trade disputes
- Heightened geopolitical tensions
- Volatility in commodity prices and production
Source: Bank Negara Malaysia
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