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Malaysia GDP Growth Eases To 5.6%

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.

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by RTTNews Staff Writer

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