Malaysia Economic Outlook
October 18, 2016While Q2’s GDP figure marked the worst economic performance since the height of the global financial crisis in 2009, recent high-frequency indicators paint a better picture for Q3. Going against market expectations, exports grew in August, after 22 consecutive months of contraction. The print was mainly driven by increases in exports of electronic products and of palm oil. Similarly, industrial production accelerated in August as a result of high growth in the manufacturing and electricity sectors. In other news, the 2017 budget is set to be submitted to Parliament on 21 October and is expected to be only marginally higher than that of 2016 due to tight government finances in a low commodity price environment.
Malaysia Economy Data
5 years of Malaysia economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Bond Yield||3.63||0.0 %||Oct 20|
|Exchange Rate||4.18||-0.19 %||Oct 20|
|Stock Market||1,667||-0.07 %||Oct 20|
Malaysia Economic Growth
October 18, 2016Going forward, Malaysia’s oil sector and economy could be boosted by the potential OPEC output agreement. However, the country will remain vulnerable to external developments such as uncertainty over global economic growth and potential volatility in financial markets. FocusEconomics panelists expect GDP to expand 4.1% in 2016, which is unchanged from last month’s forecast. For 2017, the panel sees GDP growing 4.4%.
Malaysia Economic News
October 12, 2016
Industrial production increased 4.9% in August from the same month last year.
October 7, 2016
Exports in USD terms rose 3.3% annually in August, which was a sharp improvement over July’s 8.9% contraction (previously reported: -8.7% year-on-year).
September 23, 2016
In August, consumer prices rose 0.43% over the previous month, which was slightly up from the 0.26% increase registered in July, according to the Department of Statistics Malaysia.
September 16, 2016
The ringgit has had a tumultuous week as a combination of factors, both domestic and external, have impacted the currency.
September 10, 2016
Industrial production increased 4.1% in July over the same month last year.