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Malaysian economy may have peaked, says AmBank Group Research

Mimi Sabreena 4:04:00 PM Informasi

KUALA LUMPUR (Feb 15): AmBank Group Research said the Malaysian economy may have peaked and is expected to grow at a moderate pace in 2018 partly due to the high base despite being supported by investment, major infrastructure projects and exports.

In a note today, AmBank group chief economist and head of research Anthony Dass maintained his forecast of 5.5% gross domestic product (GDP) for 2018.

“In line with our expectation, the 4Q2017 GDP print stood at 5.9% year-on-year (y/y) from 6.2% y/y in 3Q2017, beating market consensus of 5.7%.

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