PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has tweaked the Malaysian economy’s gross domestic product (GDP) growth forecast lower, citing external headwinds and weak domestic demand in the second half of the year.
MARC chief economist Nor Zahidi Alias said in a report on the outlook for the second half that the GDP growth forecast for this year had been cut to 4.1%, from 4.4% previously as the economy would remain below its potential this year.
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