KUALA LUMPUR: Malaysia’s economic growth has once again trumped the market, with gross domestic product (GDP) accelerating faster than widely expected – and at the highest pace in six quarters – thanks to strong export growth and robust private domestic demand.
According to Bank Negara, Malaysia’s economy for the three months to June grew 6.4%. A Reuters poll of economists had expected the country’s GDP growth to slow to 5.8% in the second quarter of the year.
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