GDP growth in Q2 likely to be robust, says finance ministry

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This comes after positive growth of 1.1% in exports in April.

Malaysia recorded total trade of RM159.5 billion in April, up from RM155.5 billion in April a year ago.

“This comes after the first quarter GDP expanded by 4.5% from a year ago, besting Bloomberg’s market consensus of 4.3%,” he said in a statement today. “The strong expansion of both consumption and intermediate goods imports indicates that Q2 GDP growth would be robust,” he said. “The improvement in exports has enabled Malaysia to record a trade surplus of RM10.9 billion in April. This brings the country’s total trade surplus for the first four months of 2019 to RM47.8 billion.

 

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