Malaysia economy rebounds, but inflation, growth risks eyed

Kuala Lumpur

MALAYSIA said its economy returned to expansion at the end of 2021 amid easing pandemic restrictions, while flagging risks for this year from inflation, further virus disruptions and global growth.

Gross domestic product (GDP) growth in the December quarter rebounded to 3.6 per cent from a year earlier, Malaysia's central bank said on Friday (Feb 11), beating the 3.3 per cent median growth expected in a Bloomberg survey. That pushed full-year GDP up 3.1 per cent, within the official forecast range of 3 to 4 per cent.