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Malaysia GDP grew 5.4% y-o-y in 1Q, says Bank Negara

Mimi Sabreena 3:06:00 PM Informasi

KUALA LUMPUR (May 17): The Malaysian economy, measured by the indicator gross domestic product (GDP), has grown by 5.4% year-on-year in the first quarter (1Q) of 2018, underpinned by continued expansion in private sector activity and strong support from net exports, according to Bank Negara Malaysia (BNM).

In a statement today on the economic and financial developments in Malaysia in 1Q, BNM said the economy grew by 1.4% quarter-on-quarter, compared to 1.0% in 4Q of 2017.

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