Malaysia’s Economic Growth Misses Estimate as China Weighs
- Fourth-quarter advance GDP growth misses 4.1% survey forecast
- Slump in exports and construction slowdown hit growth
The construction sector saw moderating growth of 2.5%, from 7.2% in the third quarter.
Photographer: Annice Lyn/BloombergThis article is for subscribers only.
Malaysia’s economy grew at a slower-than-estimated pace in the fourth quarter as exports to China fell, signaling that a firmer recovery is taking longer than expected.
Gross domestic product grew 3.4% in the October-December period from a year ago, according to advance estimates released by Malaysia’s Department of Statistics on Friday. That’s lower than the 4.1% median estimate in a Bloomberg survey.