Q1 GDP growth higher than forecast at 6.2%


KUALA LUMPUR: Malaysia’s economy grew faster than expected at 6.2% in the first quarter, driven by stronger expansion in domestic demand and a turnaround in net exports.

The consensus estimate based on a Bloomberg poll of 22 economists had expected the country’s gross domestic product (GDP) to expand 5.7% in the first quarter, after a growth of 5.1% in the last three months of 2013.

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