Malaysia's 3Q GDP grows at faster pace of 14.2%

KUALA LUMPUR: Malaysia's gross domestic product (GDP) expanded 14.2% year-on-year in the third quarter of the year, which was a stronger pace than what most economists predicted amid the country's continued recovery on strong domestic demand.

The growth in the country's third-quarter GDP beat the median forecast of 11.7% in a Reuters survey of economists and was up from 8.9% in the preceding quarter.