Malaysia's economy grows 5.6% in Q1, above forecast

Kitco Media
By Reuters
Published:
Updated:
Reuters
KUALA LUMPUR, May 12 (Reuters) - Malaysia's economy in the first quarter grew 5.6% from a year earlier due to an expansion in private consumption and investments, central bank and government data showed on Friday. Economists surveyed by Reuters had forecast annual gross domestic product growth would come in at 4.8% in the January to March period, slowing from the 7% rise seen in the fourth quarter of 2022.
(Reporting by Rozanna Latiff and Mei Mei Chu; Editing by Martin Petty)

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