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MALAYSIA:  Third Quarter GDP in Line with Expectations.

MALAYSIA
GlobalEM BulletBulletAPACRegionEmerging Market News
  • Malaysia’s economy continued its long run of economic growth with a +5.3% expansion in the third quarter.
  • The release was in line with the 2Q result of +5.3%.
  • Seasonally adjusted QoQ result of +1.8% was a decrease from +2.9% in Q2.
  • Malaysia’s Central Bank, Bank Negara, has been on hold since May 2023.
  • The economy is forecast to grow between 4.8% and 5.3% according to the Finance Ministry and market pricing indicates limited expectations for interest rate cuts in 2025. 
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  • Malaysia’s economy continued its long run of economic growth with a +5.3% expansion in the third quarter.
  • The release was in line with the 2Q result of +5.3%.
  • Seasonally adjusted QoQ result of +1.8% was a decrease from +2.9% in Q2.
  • Malaysia’s Central Bank, Bank Negara, has been on hold since May 2023.
  • The economy is forecast to grow between 4.8% and 5.3% according to the Finance Ministry and market pricing indicates limited expectations for interest rate cuts in 2025.