Despite a sharp slowdown, Malaysia's economy posted robust expansion in the fourth quarter of 2022, supported by private consumption and investment, taking overall growth for the year to the highest in 22 years.
Growth in gross domestic product, or GDP, advanced 7.0 percent in the fourth quarter, but the pace more than halved from the 14.2 percent registered in the third quarter, data from the Bank Negara Malaysia showed Friday.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.