1Q 2024: Malaysia's economy grew 4.2%, exceeding expectations due to strong private expenditure and export recovery.
Malaysia's economy grew 4.2% in 1Q 2024, exceeding expectations, driven by strong private expenditure and export recovery. GDP surpassed the 3.9% year-on-year increase initially estimated by the National Statistics Department and economists' survey by Bloomberg. The 1Q growth rate is the fastest since the previous year.
May 17, 2024
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