Analysts: Third quarter GDP likely to have slowed

PETALING JAYA: Gross domestic product (GDP) growth in the third quarter is likely to have slowed due to weaknesses in supply side data and in line with a synchronised global slowdown, according to economists from two research houses.

Maybank IB Research is estimating for growth to slow to 4.3% year-on-year (y-o-y) on contractions in the mining output and construction works, as well as a moderation in the manufacturing and services indices amid a relatively stable key agriculture output of palm oil and rubber.