{"id":30913,"date":"2017-08-18T15:21:01","date_gmt":"2017-08-18T07:21:01","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=30913"},"modified":"2017-08-18T15:21:01","modified_gmt":"2017-08-18T07:21:01","slug":"malaysia-economic-growth-climbs-q2","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/malaysia-economic-growth-climbs-q2","title":{"rendered":"Malaysia\u2019s Economic Growth Climbs To 5.8% In Q2"},"content":{"rendered":"<p>Malaysia\u2019s economy grew at a faster pace of 5.8% in the second quarter ended June 2017 \u2013 the quickest since the first quarter of 2015 \u2013 exceeding economists\u2019 forecast of a 5.4% expansion.<\/p>\n<p>The services and manufacturing sectors were the main reasons for growth with Bank Negara Malaysia predicting that the economy would expand by more than 4.8% this year.<\/p>\n<p>\u201cDomestic demand is projected to underpin the expansion. On the external front, exports are expected to benefit from the stronger-than-expected improvement in global growth,\u201d it said.<\/p>\n<p>Earlier, the Statistics Department said the Q2 growth at 5.8% was at a faster pace than the 5.6% in the previous quarter.<\/p>\n<p>Separately, the central bank said headline inflation was expected to moderate further in the second half of 2017, reflecting the waning effect of global cost factors.<\/p>\n<p>For 2017 as a whole, it is expected to average within the forecast range of 3% to 4%.<\/p>\n<p><em><a href=\"http:\/\/www.thestar.com.my\/business\/business-news\/2017\/08\/18\/malaysia-economy-grew-at-faster-pace-of-5pt8pct-in-q2\/\">[Source]<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will this be a sustainable run?<\/p>\n","protected":false},"author":29,"featured_media":26744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271,216],"tags":[],"class_list":["post-30913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stats Dept: Malaysia\u2019s Q2 Growth At 5.8%<\/title>\n<meta name=\"description\" content=\"But will this growth translate to a better overall economic performance for Malaysia which has been affected by global markets?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/malaysia-economic-growth-climbs-q2\" \/>\n<meta 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