Sept numbers lift Malaysia's Q3 GDP forecasts
Industrial production index grew 5.1%, against a consensus of 3 per cent
Kuala Lumpur
MALAYSIA'S economy is projected to grow between 4 and 5 per cent in the third quarter following stronger than expected exports and industrial production figures for September.
The industrial production index grew a robust 5.1 per cent year-on-year in September against a consensus of 3 per cent boosted by manufacturing activities which expanded at a faster pace of 5.6 per cent compared to 4.3 per cent in August.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think