Economy grew slower at 4.4% in Q3 but within forecast | TheStarTV.com

Economy grew slower at 4.4% in Q3 but within forecast

Published on 15 Nov 2019 3:10:33 PM

Malaysia's economy expanded by 4.4% in the third quarter of 2019, which was in line with a Bloomberg survey, due to slower growth in the service and manufacturing sectors.

The Q3 GDP growth was slower than the 4.9% in Q2.

Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus said at a press conference on Friday that for the nine months, the economy expanded by 4.6%.

She added that the pace of growth was expected to be sustained for the remainder of the year and going into 2020.

Keywords
bank negara, economy, gdp growth, malaysia, nor shamsiah mohd yunus, press conference

Malaysia's economy expanded by 4.4% in the third quarter of 2019, which was in line with a Bloomberg survey, due to slower growth in the service and manufacturing sectors.

The Q3 GDP growth was slower than the 4.9% in Q2.

Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus said at a press conference on Friday that for the nine months, the economy expanded by 4.6%.

She added that the pace of growth was expected to be sustained for the remainder of the year and going into 2020.

Keywords:
bank negara, economy, gdp growth, malaysia, nor shamsiah mohd yunus, press conference

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