KUALA LUMPUR: MIDF Research has projected the country’s gross domestic product (GDP) growth for the first quarter of 2019 (Q1 2019) at 4.3% as economic activities are predicted to continue expanding at a moderate pace, amid resilient domestic spending as well as tepid external trade performance.
“Moving forward, we view continuous expansionary momentum particularly with solid domestic demand, lower overnight policy rate (OPR) effects, stable job market, low inflationary pressure and gradual pick-up of commodity prices this year.