Industrial production data points to stronger Q1 GDP


PETALING JAYA: Malaysia’s economy is projected to grow by 4.6% in the first quarter on higher growth in the industrial production index by 4.7% in February, said CIMB Research in a note yesterday.

“The strong start to the year, driven by higher-than-expected commodity and manufactured goods exports, points to potential first-quarter 2017 gross domestic product (GDP) growth – we estimate at 4.6% year-on-year (y-o-y) (+4.5% in the fourth quarter of 2016).

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