Malaysia, India top Asian forecasts for faster growth in 2022

Malaysia’s growth outlook was upgraded by the most in the region -- 85 basis points to an expansion of 5.65% next year. - Starpic

KUALA LUMPUR (Bloomberg): Economic activity next year in Malaysia and India, two of the countries most affected by Covid-19 outbreaks in recent months, is expected to recover faster than earlier forecast, latest surveys show.

Malaysia’s growth outlook was upgraded by the most in the region -- 85 basis points to an expansion of 5.65% next year, according to the latest survey results compiled by Bloomberg. India was a close second, with its economy expected to grow 6.7%, 80 basis points faster than previously seen.