Economic Views

Ringgit weakness reflects Malaysia’s economic vulnerability

The sharp weakening in Malaysia’s ringgit has reached an unprecedented low based on its Real Effective Exchange Rate (REER) according to data from the Bank of International Settlements (BIS). The REER is a measure of the exchange rate value weighted by trade and adjusted for inflation. On one hand, it explains that exports from Malaysia […]

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2Q2022 GDP: Growth currently consumption-driven, but will recede

Posted Date : August 11, 2022 We opine that Malaysia’s real gross domestic product (GDP) growth will likely pick up strongly by 8.5% y-o-y in 2Q2022, compared with the 5.0% recorded in 1Q2022. Our upbeat assessment is premised on the ongoing strength in private consumption growth, as suggested by high-frequency indicators despite a substantial uptick

2Q2022 GDP: Growth currently consumption-driven, but will recede Read More »