FW: RHB | Malaysia | Economic Growth To Moderate In 2018

 

 

 

 

Economic Research			5 December 2017
Malaysia
Economic Outlook
Economic Growth To Moderate In 2018   The Malaysian economy grew at a robust pace in the January-September period. It was supported by a continued surge in exports, which led to a strong increase in domestic demand. Looking forward, we expect real GDP to grow at a more moderate but healthy pace of 5.2% in 2018 from the +5.6% estimated for 2017. This is on the back of slower exports, due partly to higher base in 2017 and a slowdown in public spending – in line with the Government’s fiscal consolidation drive. However, growth is likely to remain supported by resilient domestic demand, as the exports would continue to expand and trickle down to consumer spending and private investments.   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: 20 Sep: Robust Economic Activity To Sustain Into 2018 21 Jun: External Demand To Drive Growth For 2H17F 21 Mar: Improving Growth Outlook As Exports Recover 19 Dec: Facing Headwinds From Currency Volatility 20 Sep: Subdued Growth To Extend Into 2017 On Sluggish Exports
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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