RHB | Malaysia | Real GDP Growth Sustained In 4Q, As Stronger Domestic Demand Mitigated Weaker Exports

Economic Research	15 May 2015
Malaysia
Economic Highlights
Real GDP Growth Sustained In 4Q, As Stronger Domestic Demand Mitigated Weaker Exports Malaysia’s real GDP growth was sustained at 5.6% y-o-y in 1Q 2015, from a revised +5.7% in 4Q 2014 and +5.6% in 3Q. The reading was lower than our expectation of a 6.0% growth in 1Q, due to weaker-than-expected growth in external demand. Domestic demand, however, remained the anchor of growth in 1Q, mainly on account of stronger growth in public and private consumption and investment. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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