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Malaysia's economy grows 5.6% in 1Q, driven by manufacturing & agriculture

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Malaysia's economy grows 5.6% in 1Q, driven by manufacturing & agriculture

Malaysia's economy grows 5.6% in 1Q, driven by manufacturing & agriculture

KUALA LUMPUR (May 19): The Malaysian economy grew at 5.6% in the first quarter of 2017, against 4.5% a year earlier, driven by the manufacturing and agriculture sectors, according to the Department of Statistics Malaysia.

In a statement today, the department said that on a quarter-on-quarter basis, the economy for the quarter grew at 1.8%.

It said all sectors on the production side posted a favourable growth except for the mining and quarrying sector.

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