Economic Research | 14 May 2018 | |||
Malaysia | ||||
Economic Update | ||||
OPR Unchanged, Rate Outlook At Risk Post-GE14 u Malaysia’s central bank maintained the OPR at 3.25%on 10 May, with the current OPR level deemed sufficient to ensure a steady growth path and lower inflation. u We maintain our forecast for the OPR to be raised again (+25bps to 3.5%) towards end-2018, but our view is subject to downside risk due to policy uncertainty following the change in Government. u Overall, the prospects for the Malaysian economy remain strong, and inflation is expected to moderate. The financial sector is strong, and monetary and financial conditions are supportive of economic growth in the post-election environment. Economist: Vincent Loo Yeong Hong | +603 9280 2172 | ||||
To access our recent reports please click on the links below: 08 May: Forex Reserves Retreat In April 04 May: Mild Recovery In March’s Exports 02 May: M3 Growth Jumps In March On Foreign Demand 18 Apr: Inflation Inches Lower In March 18 Apr: 1Q18 Business Confidence Slips Below Threshold 16 Apr: Government Promises Pay Hike For Civil Servants | ||||
Economics Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Philippines | +603 9280 2172 | ||
Ahmad Nazmi Idrus | Singapore, Indonesia | +603 9280 2179 | ||
Aris Nazman Maslan | Thailand, Vietnam | +603 9280 2184 | ||
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