The Department of Statistics will be releasing the 2018 fourth quarter GDP statistics tomorrow.
I was wrong about expecting the 2018 third quarter GDP growth to quicken based on the faster consumption growth. Consumption growth did rise spectacularly and as stated earlier, there was no austerity. But external pressures prevented overall GDP growth from going off.
But I will repeat myself. I think we have hit the trough in the third quarter and so, we should see a rebound. Trade balance in the fourth quarter expanded slightly unlike in the previous quarter when it contracted. At the same time, consumption should grow healthily (in fact, stronger versus historical standard) albeit at a slightly slower pace. Meanwhile, pressures faced by the agriculture and the mining sectors should moderate.
But enough of me quacking.
How fast do you think did the Malaysian economy expand in 4Q18 from a year ago?
- Below 3% (4%, 1 Votes)
- 3.0%-3.9% (22%, 6 Votes)
- 4.0%-4.5% (37%, 10 Votes)
- 4.6%-5.0% (33%, 9 Votes)
- 5.1%-5.5% (4%, 1 Votes)
- 5.6%-6.0% (0%, 0 Votes)
- More than 6.0% (0%, 0 Votes)
Total Voters: 27
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One reply on “[2881] Guess the 4Q18 Malaysian GDP growth”
4.5%?