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.
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by Renju Jaya
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