Malaysia's economic growth rose to double-digit in the third quarter, which was the biggest in more than a year, on base effects and robust domestic demand, official data showed on Friday.
Gross domestic product registered a sharp annual growth of 14.2 percent after expanding 8.9 percent in the second quarter, data released by Bank Negara Malaysia revealed. This was the biggest since the second quarter of 2021.
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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.