AEIR 2017

Malaysia’s growth stumbled last year to growth rate of 4.2%, compared to 5.0% in 2015. Growth recovery is expected this year at 5.4% and also in 2018. Domestic demand continues to be the main driver of growth which grew by 6.1% in 2016, while external demand remains tepid. Inflation is forecast to rise to 3.7% in 2017 due to higher fuel prices.

Main risk to growth outlook is global trade slowdown, with Singapore, the People’s Republic of China, the US, the European Union and Japan as its main trade partners.

Source: Asian Development Outlook 2017 Update, ADB
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 1.0 (Jan18)1.0 1.0
Broad Money Growth 2 4.7 (Dec17)4.7 5.2
Headline Inflation Rate 3 3.5 (Dec17)3.4 1.7
Industrial/ Manufacturing Production Growth Rate 3 5.0 (Nov17)3.4 6.2
Merchandise Export Growth 3 14.4 (Dec17)14.4 18.8
Exchange Rate Index 4 105.5 (Jan18)108.7 118.8
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; Department of Statistics of Malaysia.