Economy grew slower at 4.4% in Q3 but within forecast
The Star
2019-11-15
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Malaysia's economy expanded by 4.4% in the third quarter of 2019, which was in line with a Bloomberg survey, due to slower growth in the service and manufacturing sectors.
The Q3 GDP growth was slower than the 4.9% in Q2.
Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus said at a press conference on Friday that for the nine months, the economy expanded by 4.6%.
She added that the pace of growth was expected to be sustained for the remainder of the year and going into 2020.
The Q3 GDP growth was slower than the 4.9% in Q2.
Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus said at a press conference on Friday that for the nine months, the economy expanded by 4.6%.
She added that the pace of growth was expected to be sustained for the remainder of the year and going into 2020.
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