Slower growth seen in Malaysia due to US-China trade dispute

Malaysia's economy has been slowing, but real GDP growth on average is still stronger than the 'A' median.

PETALING JAYA: The ongoing United States-China trade dispute is expected to result in a slowdown in average real gross domestic product (GDP) growth, as well as weigh on exports for Malaysia, Indonesia and Thailand over the coming quarters.

Fitch Solutions Macro Research said the downside pressure, however, may be partially offset by increased government subsidy spending and other policies aimed at improving the purchasing power of consumers, in order to support private consumption growth.