Slower second half seen

Economists surveyed by StarBiz said growth would likely be slower in the second half due to the high base effect experienced in the first half, largely due to the 6.2% growth in gross domestic product (GDP) in the first quarter.

PETALING JAYA: The economy is likely to grow at a slower pace in the second half but remaining within the forecast range of between 5% and 5.5% for the full year, according to economists.

Economists surveyed by StarBiz said growth would likely be slower in the second half due to the high base effect experienced in the first half, largely due to the 6.2% growth in gross domestic product (GDP) in the first quarter.