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

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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Finance Ministry: Encouraging trade data sign of robust Q2 | Malay MailKUALA LUMPUR, June 7 ― Malaysia’s export data for April which recorded positive growth of 1.1 per cent to RM85.2 billion, is an indication of early signs of a robust second quarter (Q2) gross domestic product (GDP) growth. Finance Minister Lim Guan Eng said imports recorded a 4.4 per cent...
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry: Encouraging trade data sign of robust Q2 | Malay MailKUALA LUMPUR, June 7 ― Malaysia’s export data for April which recorded positive growth of 1.1 per cent to RM85.2 billion, is an indication of early signs of a robust second quarter (Q2) gross domestic product (GDP) growth. Finance Minister Lim Guan Eng said imports recorded a 4.4 per cent...
Source: malaymail - 🏆 1. / 86 Read more »