Guan Eng: Malaysia expected to see sustained GDP growth in Q2 as IPI, exports grow | Malay Mail

13 July 2019

Its minister, Lim Guan Eng, said the May 2019 Industrial Production Index, which grew 4.0 per cent year-on-year , marked the third consecutive month that Malaysia’s industrial production had beaten market consensus as compiled by Bloomberg. Lim said Singapore’s Q2 2019 GDP grew just 0.1 per cent y-o-y and shrank 3.4 per cent quarter-on-quarter.

“The expansion of both exports and industrial production signal that the Malaysian economy is resilient in the overcoming external disruption , while benefiting from the ongoing trade war through business relocation, as well as trade and investment diversions,” Lim added.

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