Malaysia's economic growth improved more than expected in the first quarter underpinned by the improving domestic demand and exports, data released by the Bank Negara Malaysia showed on Friday.
Gross domestic product expanded 5.0 percent on a yearly basis, faster than the 3.6 percent rise in the preceding quarter and also better than the economists' forecast of 4.0 percent.
On a quarterly basis, GDP went up 3.9 percent, but weaker than the 4.6 percent expansion posted in the fourth quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.