The Malaysian economy continued to expand at a slower pace in the first quarter amid easing private consumption, data from the Bank Negara Malaysia showed Friday.
Growth in gross domestic product, or GDP, advanced 5.6 percent yearly in the first quarter, slower than the 7.1 percent growth in the fourth quarter. In the third quarter of 2022, the rate of growth was 14.1 percent.
On a quarter-on-quarter basis, the economy posted an expansion of 0.9 percent, in contrast to the 1.7 percent expansion in the third quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.