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Malaysia Growth Accelerates On Spending, Investment

Por: RTTNews Business November 17, 2023

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Malaysia's economic growth gained speed and exceeded expectations in the third quarter with strong upward contributions from domestic consumption and investment, while exports acted as a drag. Gross domestic product expanded 3.3 percent after rising 2.9 percent in the second quarter, the Bank Negara Malaysia reported Friday. GDP was forecast to climb 3.0 percent.On a quarter-on-quarter basis, economic growth strengthened to 2.6 percent from... + full article



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