Economic Research | 11 January 2018 | |||
Malaysia | ||||
Economic Update | ||||
Stronger Manufacturing Activity Lifts IPI in November Malaysia‘s industrial activities gained pace in Nov 2017, after slowing for two consecutive months. The acceleration was mainly due to a pick-up in manufacturing activity. Looking forward, we expect the country’s real GDP to chart a more moderate growth of 5.2% in 2018 from the +5.6% estimated for 2017 (2016: +4.2%). This is on the back of slower export growth after a surge in 2017 and a slowdown in public spending, in line with the Government’s fiscal consolidation drive. However, real GDP growth would remain supported by resilient domestic demand, backed by relatively strong consumer spending and private investments during the year. Economists: Vincent Loo Yeong Hong | +603 9280 2172 Aris Nazman Maslan | +603 9280 2184 | ||||
To access our recent reports please click on the links below: 08 Jan : Higher Forex Reserves Amid Wider Current Account Surplus 08 Jan : November Export Growth Healthy Albeit Slow 04 Jan : US Tax Bill Positive For Malaysia In 2018 02 Jan: M3 Grows Steadily In November, Loans Slow Further 21 Dec: Inflation Moderates Further In November | ||||
Economics Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Vietnam, | +603 9280 2172 | ||
Ng Kee Chou | Singapore, Thailand | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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