PETALING JAYA: After beating market forecasts for two consecutive quarters this year, analysts predict the economy to have chalked up another 5% growth in the July-September period, lifted by Malaysians’ spending power, private investments and the return of Chinese tourists.
The economy, which had grown 4.2% and 5.9% in the first and second quarters of 2024, respectively, is expanding above its “underlying growth potential”, said economist Geoffrey Williams.
