FW: RHB | Malaysia | Real GDP Growth Moderated In 2Q On GST Effects

Economic Research	13 August 2015
Malaysia
Economic Highlights
Real GDP Growth Moderated In 2Q On GST Effects Malaysia’s real GDP growth moderated to 4.9% y-o-y in 2Q 2015, from +5.6% in 1Q and +5.7% in 4Q. Despite the slowdown, the 2Q reading came in above our expectation of a 4.6% and the consensus forecast of 4.5%. Domestic demand remained the anchor of growth in 2Q, albeit slowing down on the back of weaker growth of consumer spending and private investment. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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