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Economics - Data Reactions
18 August 2017
Malaysia 2QGDP
Joseph
Incalcaterra
On a roll
Economist
The Hongkong and Shanghai
Malaysia’s real GDP growth accelerated to 5.8% y-o-y in 2Q17 from 5.6% in the Banking Corporation Limited
previous quarter. On q-o-q sa terms, the economy expanded 1.3%, a deceleration +852 2822 4687
joseph.f.incalcaterra@.hk
from the brisk 1.8% pace seen in 1Q. Growth was supported by strong
contributions from net exports and private consumption. However, a trend of View HSBC Global Research at:
elevated import growth suggests the contribution from net exports is likely to turn
negative in 2H17. Meanwhile, investment slowed on sequential terms in 2Q from
the relatively strong expansion in 1Q, due to sluggish public investment. With Issuer of report
inflation decelerating towards BNM’s 2-3% comfort range, we do not expect the The Hongkong and Shanghai
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