FW: RHB | Malaysia | Stronger Manufacturing Activity Lifts IPI in November

 

 

 

 

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	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

 

 

 

 

 

This message is intended only for the use of the person(s) to whom it is addressed and may contain information that is privileged or otherwise protected from disclosure. If you are not the intended recipient you are hereby notified that any use, review, disclosure or copying of this message and the information it contains is prohibited. If you receive the message in error, please notify the sender by reply e-mail and discard all its contents.   Thank You.