Malaysia’s Growth Accelerates, Signaling Recovery in 2024
- Trade surplus rose in March, exceeding analysts’ forecasts
- The drag from net exports on growth is fading: ANZ economist
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Malaysia’s economy quickened by the most in a year, signaling that firmer recovery is underway in the Southeast Asian nation.
Gross domestic product rose 3.9% in the January-March period from a year ago, according to advance estimates from Malaysia’s Department of Statistics on Friday. That’s in line with the median estimate in a Bloomberg survey.