FW: RHB | Malaysia | Strongest Industrial Activity In Eight Months

 

Economic Research			11 September 2017
Malaysia
Economic Update
Strongest Industrial Activity In Eight Months   Malaysia got its 3Q17 off to a good start as the Industrial Production Index (IPI) gained pace to 6.1% YoY in July, from +4% in June, on the back of a pick-up in manufacturing activities and electricity output. This was aided by a low base effect. Given the stronger prospects in industrial and external activities, we expect Malaysia’s real GDP to grow by 5.3% in 2017 and 5.4% for 2018, from 4.2% in 2016. The growth would likely be supported by a stronger increase in exports, pick-up in domestic demand; and modest increase in public spending & investment. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Aris Nazman Maslan  | +603 9280 2184
To access our recent reports please click on the links below:   08 Sep : BNM To Maintain Rates Till Year End 07 Sep : Forex Reserves Surpasses The USD100bn Level 06 Sep : July’s Exports Improve Strongly After Festivities 05 Sep : M3 Picks Up, Loan Growth Edges Lower 24 Aug : Cheaper Fuel Prices Drag Inflation Lower
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam,	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

 

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