The Malaysian economy registered a stronger growth of 14.2% in the third quarter of 2022 (2Q 2022: 8.9%). While there were base effects from the negative growth in the third quarter of 2021, growth was also driven by strong domestic demand, underpinned by improvements in labour market and income conditions, as well as ongoing policy support. Exports remained supported by strong demand for E&E products. The recovery of inbound tourism lent further support to economic activity. By sector, the services and manufacturing sectors continued to drive growth.
Read more about the economic and financial development in Malaysia in the third quarter of 2022 here:
https://www.bnm.gov.my/-/qb22q3_en_pr
Presentation slides:
https://www.bnm.gov.my/documents/20124/8810581/qb22q3_slides.pdf
Press Conference Presentation Transcript
https://www.bnm.gov.my/documents/20124/8810581/qb22q3_transcript.pdf
Publication: 3Q Quarterly Bulletin
https://www.bnm.gov.my/-/quarterly-bulletin-3q-2022
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