Malaysia's economic growth accelerated, as estimated, in the third quarter, driven by household spending and tourism-related activities, the Department of Statistics reported Friday.
Gross domestic product expanded 5.2 percent year-on-year in the third quarter after rising 4.4 percent a quarter ago. The rate came in line with the estimate published on October 17.
On a quarterly basis, GDP growth rose to 2.4 percent from 2.2 percent in the preceding period.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.