Services, manufacturing underpin 2Q GDP growth


The construction sector expanded by 40.3%, rebounding from a decrease of 10.4% due to higher specialised construction activities (58.1%) and civil engineering (50%).

KUALA LUMPUR: Malaysia’s economic expansion of a higher-than-expected 16.1% in the second quarter (2Q, 2021) was underpinned by the services and manufacturing sectors, the Statistics Department said on Friday.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the services expanded by 13.4%, manufacturing reported a growth of 26.6%, construction 40.3% and mining 13.9% but agriculture reported a decline of 1.5%.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hazy days for Malaysia’s property sector
Going beyond a centralised housing data bank
Is Malaysia ready for international retirees?
Big Tech’s debt drives credit risk
Zero tolerance for corruption
Lotte Chemical Titan sale sparks hope but challenges remain
Building momentum selectively
Ekovest’s rights issue tests investors’ faith
Mr. Robot comes to town
An appetite for fresh snacks

Others Also Read