Malaysia Q3 GDP Grows 5.3%, Slows From Q2

3-line summary

• Malaysia's Q3 GDP grew 5.3% year-on-year, an advance estimate, slowing from 6% growth in Q2; the final figure is due November 18. The article did not specify the cause of the slowdown.
• Services grew 5.4% and led the quarter's growth; manufacturing grew 7.5%, supported by export-oriented industries. Mining and quarrying was the only sector to contract, down 4.9% year-on-year.
• The government raised its 2026 growth forecast for the second time this year, expecting growth near the upper end of a 4.8-5.3% range, and projects 2027 growth of 4.2-5.2% annually.

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