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Malaysia GDP Growth Accelerates

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
malaysia 17072026 lt

Malaysia's economic growth accelerated in the second quarter on robust manufacturing and mining output despite tensions in the Middle East, official data revealed Friday.

Gross domestic product registered an annual growth of 5.8 percent in the second quarter, faster than the 5.4 percent rise in the preceding period, according to advance estimates from the Department of Statistics.

The stronger growth was underpinned by expansion in the services, manufacturing, mining and quarrying and construction sectors.

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