Thursday 28 Mar 2024
By
main news image

KUALA LUMPUR (Nov 19): RHB Research Institute Sdn Bhd said Malaysia’s real gross domestic product (GDP) growth eased further in 3Q18, amid lingering commodity supply shocks.

In a note today, it said that looking ahead, it was trimming its 2018 GDP growth forecast to 4.6% from 4.8% as the 3Q GDP print was weaker than expected while 4Q18 growth will likely remain stymied.

“Further out, we expect growth for 2019 to stay at 4.6% amid an anticipated recovery in commodity output.

“However, a challenging external environment amidst intensifying trade protection will continue to present downside risks,” it said.

      Print
      Text Size
      Share