Thursday, December 14, 2017

FW: RHB | Malaysia | Strong Headline GDP But Weak Ground Sentiment

 

 

 

 

Economic Research

14 December 2017

Malaysia

 

Economic Update

 

 

 

Strong Headline GDP But Weak Ground Sentiment

 

The release of Retail Group Malaysia’s (RGM) weak retail data for 3Q17 further reaffirmed the difference between the weak sentiment on the ground and robust headline GDP growth. This is in a stark contrast to the official retail trade number released by Department of Statistics (DOS) that showed a double-digit growth during the quarter.

 

Economist:

Arup Raha  | +65 6232 3896

Peck Boon Soon  | +603 9280 2163

 

 

 

To access our recent reports please click on the links below:

 

13 Dec: Easing October IPI On Weaker Manufacturing and Mining

8 Dec: Forex Reserves Rise Further In November On Trade Flows

7 Dec : Exports Remain Robust in Early 4Q17

4 Dec : M3 Edges Higher, Loan Growth Eased in October

24 Nov : Inflation Slows On Lower Fuel And Food Prices

20 Nov : Wider Current Account Surplus Expected In 2018

 

Economics Team

Arup Raha

Group Chief Economist

arup.raha@rhbgroup.com

+65 6232 3896

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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