Malaysia's GDP grows 5.6% in 1Q

KUALA LUMPUR: Malaysia's gross domestic product (GDP) grew 5.6% in the first quarter of 2023 (1Q23), driven higher by domestic demand.

The result was above the expectation of a Reuters survey of economists, which had a median forecast of 4.8% growth for the quarter.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Related stories:
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GDP , services , manufacturing , construction , wholesale , retail , BNM

Next In Business News
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says
Trading ideas: Binastra, Kerjaya Prospek, D&O, Dengkil, SkyGate, NexG, Vestland, Chin Hin, SC Estate Builder, ES Sunlogy, Infomina
Wall St ends higher as banks gain on upbeat results
Oil settles down as Trump comments ease Iranian supply concerns
Property segment set for solid expansion

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.