Malaysia posts 3.3% GDP growth in 3Q | TheStarTV.com

Malaysia posts 3.3% GDP growth in 3Q

Published on 17 Nov 2023 5:37:01 PM

Malaysia's economy expanded 3.3% in the third quarter of 2023 from a year earlier as resilient domestic demand offset continued export weakness.

The gross domestic product (GDP) growth beat the 3% median average forecast of a Reuters survey of economists and was better than the 2.9% growth recorded in the previous quarter.

In his outlook for the Malaysian economy, Bank Negara governor Datuk Abdul Rasheed Ghaffour said it was expected to expand by about 4% in 2023 and 4-5% in 2024.

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Keywords
gross domestic product, bank negara, abdul rasheed ghaffour, inflation, malaysia, economy

Malaysia's economy expanded 3.3% in the third quarter of 2023 from a year earlier as resilient domestic demand offset continued export weakness.

The gross domestic product (GDP) growth beat the 3% median average forecast of a Reuters survey of economists and was better than the 2.9% growth recorded in the previous quarter.

In his outlook for the Malaysian economy, Bank Negara governor Datuk Abdul Rasheed Ghaffour said it was expected to expand by about 4% in 2023 and 4-5% in 2024.

Read more at https://shorturl.at/fqwAF

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
gross domestic product, bank negara, abdul rasheed ghaffour, inflation, malaysia, economy

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