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HLIB IB Research raises Malaysia 2017 GDP forecast to 5.4%

Mimi Sabreena 9:51:00 AM Informasi

Chart-Malaysia's-Industrial-Production-FD110817

KUALA LUMPUR (Aug 11): Hong Leong IB Research has raised its 2017 full year gross domestic product growth forecast for Malaysia to 5.4% year-on-year (from 4.9% previously) and said it anticipates 2Q17 real GDP growth to have grown at a stronger pace of 5.8% y-o-y after the release of various indicators which showed higher strength.

In a GDP preview note today, the research house said 2Q17 GDP growth is higher than the strong momentum of 5.6% y-o-y recorded in 1Q17.

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