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Posted Date: August 20, 2021 As expected, Malaysia’s economy posted a sharp turnaround in 2Q2021 after four consecutive quarters of contraction. While it was the highest quarterly growth ever recorded, the performance did not offset the deep contraction in last year’s corresponding period. The economy shrank 3.9% compared to 2Q2019, so it still fell short …
A strong rebound, but still far from a full recovery Read More »
Posted Date: August 12, 2021 In 2Q2021, we envisage a sharp turnaround in Malaysia’s real GDP growth on a year-on-year (y-o-y) basis to 13.2%, compared with -0.5% recorded in 1Q2021. Such promising performance will likely be Malaysia’s highest quarterly growth ever recorded. The double-digit growth primarily reflects a favourable base effect as the economy contracted …
2Q2021 GDP Growth: Base effect–driven rebound expected Read More »