Moody’s sees 1.1% growth for Malaysia in first quarter

“A lift in private consumption after an easing of Covid-19 restrictions and policy shift towards living with the virus is likely to have supported the growth in the first quarter,” Moody’s Analytics said in a report.

KUALA LUMPUR: The economy is expected to have seen a growth of 1.1% quarter-on-quarter in the first quarter of 2022, following a 6.6% expansion in the prior fourth quarter of 2021.

This is aided by the gains from a robust external position, which has largely extended into the beginning of this year.