Malaysia's economy grew at the fastest pace in a year in the second quarter as household spending strengthened on the labor market recovery, official data showed on Friday.
The economic growth accelerated to 8.9 percent in the second quarter from 5.0 percent in the first quarter, the Bank Negara Malaysia reported. The rate was the fastest since the second quarter of 2021 and also exceeded economists' forecast of 6.7 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.