Malaysia Economic Outlook
September 19, 2017Economic indicators remain positive, signaling that the economy was off to a good start to Q3. Notable expansions in the manufacturing and energy sectors drove growth in industrial activity in July. In addition, exports soared on the back of greater sales of mineral fuels and manufactured articles, reflecting healthy global demand for Malaysian goods. Solid import growth in the same month indicates dynamic domestic activity, supported by private consumption. Household spending has been buoyed by a low unemployment rate and growth in wages in the manufacturing sector. In September, Prime Minister Najib Razak and U.S. President Trump pledged to strengthen the Comprehensive Partnership, with both countries pledging to address the trade imbalance through investment and increased Malaysian imports of American goods.
Malaysia Economy Data
5 years of Malaysia economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Bond Yield||3.90||-0.13 %||Oct 13|
|Exchange Rate||4.22||0.0 %||Oct 13|
|Stock Market||1,755||0.08 %||Oct 13|
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Malaysia Economic Growth
September 19, 2017The outlook remains bright for the economy, but downside risks remain. Political uncertainty could increase and drag on consumer spending, while important sectors remain heavily indebted. The open economy is also exposed to potential external shocks. Nonetheless, our panel expects GDP to expand a healthy 5.2% in 2017. For 2018, the panel foresees the economy growing at a lower speed of 4.8%, which is up 0.1 percentage points from last month’s forecast.
Malaysia Economic News
October 12, 2017
Industrial production expanded a robust 6.8% in August in annual terms, accelerating from 6.1% growth in July.
October 6, 2017
Exports grew 13.4% in annual terms in August, moderating from July´s 20.4% expansion, but a healthy print nonetheless.
September 20, 2017
According to the Statistical Institute, consumer prices rose 0.9% in August over the previous month—the first increase in consumer prices in five months—after falling 0.1% in July.
September 11, 2017
Industrial production grew 6.1% in July from the same month last year, above June’s 4.0% increase.
September 7, 2017
Bank Negara Malaysia (BNM) decided to keep the Overnight Policy Rate unchanged at 3.00% at its 7 September monetary policy meeting, as widely expected by market analysts.