Building blocks in place for 5% growth in 2015, says CIMB Research

KUALA LUMPUR: Amid the strong economic growth at 6.3% in first-half of 2014, the building blocks are in place to support real gross domestic product (GDP) growth of 6% this year and 5% in 2015, according to CIMB Economics Research.

It projected that the hiked interest rates in July, but softer data points in the coming months may cap further aside for rates to safeguard the stability of household consumption and domestic growth.