KUALA LUMPUR: Malaysia’s gross domestic product (GDP) grew by 5.2% last year — beating most analysts’ expectations — on the back of higher consumer spending, soaring exports and stronger growth in investments.
According to Bank Negara, the fourth quarter (Q4) was particularly strong, rising by 6.4% — the highest quarterly growth in three years. The economy grew by 4.1% in 2002.
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