Malaysia economy likely to shrink at slower pace in Q3: poll

Kuala Lumpur

MALAYSIA'S economy likely contracted at a slower pace in the third quarter, after easing coronavirus restrictions helped revive consumption and output, a Reuters poll showed on Wednesday.

The economy likely shrank 3.2 per cent in the July to September period from a year ago, a median estimate of 15 economists showed - a marked improvement from the 17.1 per cent contraction in the previous quarter.