Malaysia’s Economic Growth Accelerates on Recovery in Exports

Malaysia’s economy expanded at the fastest pace in four quarters as a recovery in advanced nations including the U.S. boosted demand for the country’s goods.

Gross domestic product climbed 5.1 percent in the three months through Dec. 31 from a year earlier, after gaining 5 percent in the third quarter, the central bank said in a statement in Kuala Lumpur today. The median in a Bloomberg News survey of 21 economists was for a 4.8 percent increase. The economy grew 4.7 percent last year after a 5.6 percent expansion in 2012.