IMF sees Malaysia real GDP growth at 4.7% for 2018

-A +A

NEW YORK (Dec 13): The International Monetary Fund sees Malaysia's growth in 2018 moderating in line with expectations and projected at 4.7% in 2018, according to a fund statement.

* IMF says 2018 real GDP growth driven by domestic demand

* IMF sees Malaysia headline inflation declining, expected to average around 1.1% in 2018

* Current account surplus seen declining to 2.1% of GDP

* Real GDP growth for 2019 projected at 4%-5% with domestic demand main driver, US tariffs on imports from China having overall adverse impact

* Inflation should average 2.2% in 2019 as effect of GST removal fades

* NOTE: March 7, IMF sees Malaysia Growth of 5.3% in 2018 with inflation easing