Malaysia’s economy poised for surge: Q2 2024 GDP expected to grow 5.8pc, highest since late 2022, says DOSM

Quick Summary:

KUALA LUMPUR, July 19 — Malaysia’s economy is estimated to expand by 5.8 per cent in the second quarter of 2024 (Q2 2...

The mining and quarrying sector eased to 3.3 per cent versus 5.7 per cent in Q1 2024 as the natural gas sub-sector moderates.

The services sector drove economic performance for the quarter under review, with most key sectors showing better growth than the previous quarter.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: GDP forecast Gross domestic product GDP DOSM GDP Malaysia GDP

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 13:24:34 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 21682649

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