Photo for illustrative purposes only. Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus speaking at a meeting in Kuala Lumpur on March 27, 2019. Djohan Shahrin/Shutterstock

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Malaysian economy growth falls to 4.3% in 2019, will be hit by coronavirus this year – central bank


Malaysia’s economy grew by 4.3% in 2019, down from 4.7% the previous year, the central bank said in a statement on Wednesday (Feb 12).

The domestic economy was affected by supply disruptions in the commodities sector during the fourth quarter, said Bank Negara Malaysia.

The services and manufacturing sectors remained the economy’s key drivers, and overall growth was supported by resilient private sector activities despite a challenging external environment, said the regulator.

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tags:

GDP
Macro-economy