Malaysia Q4 GDP up 7% on year earlier, above forecast
Economic Indicators 3 minutes ago (Feb 09, 2023 11:06PM ET)
Malaysia Q4 GDP up 7% on year earlier, above forecast© Reuters. FILE PHOTO: Malaysia’s flag is seen at the landmark Petronas Twin Towers in Kuala Lumpur March 5, 2008. REUTERS/Beawiharta
KUALA LUMPUR (Reuters) – Malaysia’s economy in the fourth quarter grew 7% from a year earlier on continued expansion in domestic demand and resilient demand for electrical and electronics goods, Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus said on Friday.
Gross domestic product (GDP) for all of 2022 had been 8.7% higher than in 2021, she said.
Economists polled by Reuters had expected the central bank to report October-December GDP 6.6% higher than in the same period of 2021, slowing from the 14.2% annual growth seen in the third quarter.
Malaysia Q4 GDP up 7% on year earlier, above forecast
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