Malaysia 1Q GDP Growth May Exceed Advance Estimate -- Market Talk

Dow Jones05-12 11:25

0324 GMT - Malaysia's 1Q GDP growth could beat estimates and reach around 5.7% versus advance estimates of 5.3%, as the services and agriculture sectors performed better than expected, TA Securities analyst Farid Burhanuddin says in a note. The services sector was supported by strong growth in information and communication, transportation and other services, while higher crude palm oil output could lift agricultural growth, he says. No major risks from domestic or external emerged during the quarter, he reckons. TA Securities maintains its 2026 GDP growth forecast at 4.3%-4.7%, driven by resilient domestic demand. But growth momentum is expected to moderate in coming quarters amid global trade and geopolitical uncertainties, it adds. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

May 11, 2026 23:25 ET (03:25 GMT)

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