Malaysia's Economic Surge: Q2 Growth Surpasses Expectations

Malaysia's economy experienced a 5.9% growth in the second quarter of the year, exceeding forecasts. Economists surveyed by Reuters and government estimates had predicted a 5.8% annual GDP increase for the April-to-June period.


Devdiscourse News Desk | Updated: 16-08-2024 09:30 IST | Created: 16-08-2024 09:30 IST
Malaysia's Economic Surge: Q2 Growth Surpasses Expectations
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Malaysia's economy demonstrated robust growth with a 5.9% increase in the second quarter, surpassing earlier forecasts, according to announcements by the government and central bank on Friday.

Economists polled by Reuters, along with advance estimates provided by the government, had projected a 5.8% rise in annual gross domestic product for the April-to-June timeframe.

This unexpected growth highlights the nation's economic resilience and potential for future gains.

(With inputs from agencies.)

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